Snarr, Hal W. and Axelsen, Dan (2007): Accounting for peak shifting in traditional cost-benefit analysis. Published in: The Journal of Economic Development and Business Policy , Vol. 1, No. 1 (December 2007): pp. 1-23.
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When cost-benefit analysis fails to account for peak-shifting the benefits of road improvement options are miscalculated. Using theory from transportation economics, we derive a simple model that disaggregates the average daily equilibrium into peak, counter-peak, and off-peak equilibria. This paper demonstrates how accounting for peak-shifting improves the performance of cost-benefit analysis.
|Item Type:||MPRA Paper|
|Original Title:||Accounting for peak shifting in traditional cost-benefit analysis|
|Keywords:||Transportation Demand, Transportation Supply, Congestion, Cost/Benefit Analysis, Planning Policy|
|Subjects:||D - Microeconomics > D6 - Welfare Economics > D61 - Allocative Efficiency; Cost-Benefit Analysis
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Systems > R41 - Transportation: Demand, Supply, and Congestion; Safety and Accidents; Transportation Noise
O - Economic Development, Technological Change, and Growth > O2 - Development Planning and Policy > O21 - Planning Models; Planning Policy
|Depositing User:||Hal W. Snarr|
|Date Deposited:||03. Mar 2012 02:57|
|Last Modified:||22. Feb 2013 10:40|
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