skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Test Environments to Analyse Methodological Improvements of Cost-benefit Analysis for Transport Interventions

Periodica polytechnica. Transportation engineering, 2023-04, Vol.51 (2), p.155-165 [Peer Reviewed Journal]

Copyright Periodica Polytechnica, Budapest University of Technology and Economics 2023 ;ISSN: 0303-7800 ;EISSN: 1587-3811 ;DOI: 10.3311/PPtr.20996

Full text available

Citations Cited by
  • Title:
    Test Environments to Analyse Methodological Improvements of Cost-benefit Analysis for Transport Interventions
  • Author: Juhász, Mattias ; Mátrai, Tamás ; Hennderson Oliveira da Cruz, Júlio ; Török, Ádám
  • Subjects: Cost benefit analysis ; Cost control ; Engineering ; Financial analysis ; Model testing ; Parameter sensitivity ; Shadow prices ; Travel time
  • Is Part Of: Periodica polytechnica. Transportation engineering, 2023-04, Vol.51 (2), p.155-165
  • Description: Planners and policymakers are concerned that cost-benefit analysis (CBA) rankings are so sensitive that even minor adjustments in contentious input parameters might result in drastically different policy recommendations. Although there is a need for methodological improvement, CBA seems to retain its role as the most coherent and robust framework available for project appraisal. Based on the mentioned need for improvement, this paper aims to create a test environment to analyse possible methodological advances in transport CBAs. This test environment consists of three different models based on typical transport interventions. The models have different levels of complexity and computational need. The sensitivity of each model was tested, and the most critical factors were identified. The majority of the economic benefits come from travel time savings, so the value of time was identified as the five most sensitive factors for all cases.
  • Publisher: Budapest: Periodica Polytechnica, Budapest University of Technology and Economics
  • Language: English;German;Russian
  • Identifier: ISSN: 0303-7800
    EISSN: 1587-3811
    DOI: 10.3311/PPtr.20996
  • Source: AUTh Library subscriptions: ProQuest Central
    Alma/SFX Local Collection
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait