Tuesday, October 21, 2014
A New Tool for Cost-Benefit Analysis of Transportation Projects
Although the above examples have discussed the potential application of unit costs to active transportation projects, they can be readily applied to monetize the transportation impacts of various infrastructure projects or transportation strategies, across many different modes. This, therefore, makes them a very useful tool for practitioners and governments to add an additional and very important dimension to the analysis of such initiatives – especially since existing methods to monetize transportation impacts are so scarce. Read more.