Transportation Project Evaluation Methods/Approaches- Version 2

Rouhani, Omid (2021): Transportation Project Evaluation Methods/Approaches- Version 2.

Abstract

Building upon an earlier version, I further review the key methods to evaluate transportation projects. Since transportation projects offer substantial social benefits and costs, it is vital to provide a comparative analysis on the commonly-used methods, i.e., which method(s) to use and under what conditions. In this short paper, I provide such analysis briefly.

• Item Type: MPRA Paper
• Language: English
• Keywords: Project evaluation methods, Transport projects, Comparative analysis, Multi-criteria analysis, Social welfare analysis.
• Subjects: D - Microeconomics > D6 - Welfare Economics; D - Microeconomics > D6 - Welfare Economics > D61 - Allocative Efficiency ; Cost-Benefit Analysis; H - Public Economics > H4 - Publicly Provided Goods; H - Public Economics > H4 - Publicly Provided Goods > H43 - Project Evaluation ; Social Discount Rate; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics

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