A Comparison of Methods for Evaluating Urban Transportation Alternatives
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1975-02-01
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Abstract:The objective of the report was to compare five alternative methods for evaluating urban transportation improvement options: unaided judgmental evaluation cost-benefit analysis, cost-effectiveness analysis based on a single measure of effectiveness, cost-effectiveness analysis based on multiple measures of effectiveness, and scoring function methods. Each method was assessed within the framework of eight methodological criteria relating to the three major concerns of feasibility, reviewability, and relevancy. The following conclusions are drawn: (1) the judgmental method is satisfactory in several respects, but its subjectivity, lack of specificity might create difficulties in a federal review of the local decision process; (2) of the systematic evaluation methods, cost-effectiveness analysis based on multiple measures of effectiveness poses the fewest difficulties in simultaneously serving the local and federal purposes.
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