Welcome to ROSA P | Timing of major transportation investments - 13019 | US Transportation Collection
Stacks Logo
Advanced Search
Select up to three search categories and corresponding keywords using the fields to the right. Refer to the Help section for more detailed instructions.
 
 
Help
Clear All Simple Search
Advanced Search
Timing of major transportation investments
  • Published Date:
    1997-08-01
  • Language:
    English
Filetype[PDF-369.86 KB]


Details:
  • Publication/ Report Number:
    NUT196USF4
  • Resource Type:
  • TRIS Online Accession Number:
    743914
  • NTL Classification:
    NTL-ECONOMICS AND FINANCE-Funding
  • Format:
  • Abstract:
    This report offers a broad overview of timing research as it applies to major

    transportation investments. Specific emphasis is given to major public transit

    investments. The report is designed to provide planners and decision-makers

    with a better understanding of timing research. The report emphasizes basic

    economic principles of investment timing rather than detailed techniques. The

    purpose of this particular report is to describe the kind of investment timing

    rules most useful in making investment decisions so that transportation

    investments are made most efficiently. The report is divided into nine chapters.

    Chapter 1 is an introduction. Chapter 2 reviews basic concepts related to

    economic analysis of investment timing. Chapter 3 discusses the perceptions and

    attitudes of the planning profession toward investment timing. Chapter 4 shows

    with examples both quantitative and qualitative significance of timing. Chapter

    5 describes conditions under which waiting can create a value to invest.

    Chapter 6 discusses timing rules under different scenarios, including

    traditional rules, rules with certainty, and rules with uncertainty. Chapter 7

    presents two approaches to time subsequent analysis of a project following an

    initial build-later decision. Chapter 8 identifies what type of data economic

    principles require, what federal regulations on investment analysis require,

    and what is inadequate in current practice. Chapter 9 provides a number of

    recommendations regarding what needs to be done in order to use these economic

    principles of investment timing in practice. References are included along with

    a technical appendix on models of investment timing.

  • Main Document Checksum:
  • Supporting Files:
    No Additional Files
No Related Documents.
You May Also Like:
Submit Feedback >