New Tool for Benefit-Cost Analysis in Evaluating Transportation Alternatives

DeCorla-Souza, P; Culp, M; Hunt, J; Cohen, H; Haling, D

i

New Tool for Benefit-Cost Analysis in Evaluating Transportation Alternatives

1997-01-01
By DeCorla-Souza, P ; Culp, M ; Hunt, J

File Language:

English

Details

Creators:

DeCorla-Souza, P ; Culp, M ; Hunt, J ; Cohen, H ; Haling, D
Corporate Creators:

United States. Department of Transportation. Federal Highway Administration
Subject/TRT Terms:
Resource Type:

Proceedings
Geographical Coverage:

Ohio
Corporate Publisher:

United States. Department of Transportation. Federal Highway Administration
Abstract:

The Intermodal Surface Transportation Efficiency Act (ISTEA) emphasizes assessment of multi-modal alternatives and demand management strategies. In 1995, the Federal Highway Administration (FHWA) developed a corridor sketch planning tool called the Sketch Planning Analysis Spreadsheet Model (SPASM) to assist planners in developing the type of economic efficiency and other evaluative information needed for comparing cross-modal and demand management strategies. When more detailed analysis is required, however, SPASM cannot be used directly, owing to several simplifying assumptions. For example, all trips are assumed to be of an average trip length, made between the two ends of the corridor. Also, it is difficult to use SPASM for system wide analysis. To allow more detailed analysis, FHWA has developed an enhanced version of SPASM, called the Surface Transportation Efficiency Analysis Model (STEAM). This paper provides a case study application of the enhanced software in evaluation of corridor alternatives and system plan alternatives for Toledo, Ohio. The case study demonstrates that the new software can be a useful tool in providing information of interest to decision-makers.
Format:

PDF
Download URL:

https://rosap.ntl.bts.gov/view/dot/13883/dot_13883_DS1.pdf
File Type:

[PDF - 31.27 KB]
Collection(s):

US Transportation Collection
Main Document Checksum:

urn:sha-512:2bd76e5f18ebc57e879b859bb26a937079db0917eb83fb2a0ec040972dc28dd9405d74985511ab1c45b9fecb0c1db4b9fc3085cc36a468535673234b766ef7c5

File Language:

English

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