Notes on the State-of-the Art of Benefit-cost Analysis as Related to Transportation Systems

Download or read book Notes on the State-of-the Art of Benefit-cost Analysis as Related to Transportation Systems written by Joseph D. Crumlish and published by . This book was released on 1966 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review of benefit-cost analysis as a tool for evaluating alternative courses of action describes the technique, discusses a number of benefit-cost studies, and indicates the difficulties inherent in this area of applied economics. * The author concentrates on the application of the technique to large scale transport problems, reviews the literature and indicates in his conclusions where the technique can be helpful and where there is little chance for its success.