New Tool for Benefit-Cost Analysis in Evaluating Transportation Alternatives

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

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New Tool for Benefit-Cost Analysis in Evaluating Transportation Alternatives

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

[PDF-31.27 KB]

English

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Creators:

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

DeCorla-Souza, P ; Culp, M ; Hunt, J ; Cohen, H ; Haling, D Less -
Subject/TRT Terms:

[+]

Alternatives Analysis Benefit Cost Analysis Computer Models Multimodal Transportation Software Packages Surface Transportation Efficiency Analysis Model (STEAM) Toledo (Ohio) Traffic Models Transportation Planning
Resource Type:

Proceedings
Geographical Coverage:

Ohio
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 crossmodal 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. 11p.
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PDF
Collection(s):

US Transportation Collection
Main Document Checksum:

[+]

urn:sha256:baafd159ebbd2c912fa5661de40dcffd9c5737622128ca7ec6583bd4c0d64618
Download URL:

https://rosap.ntl.bts.gov/view/dot/13883/dot_13883_DS1.pdf
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New Tool for Benefit-Cost Analysis in Evaluating Transportation Alternatives

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