Highway Economic Requirements System: Technical Report
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2000-12-01
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Abstract:The Highway Economic Requirements System (HERS) is a computer model designed to simulate improvement selection decisions based on the relative benefit-cost merits of alternative improvement options. The HERS model is the result of the efforts to examine more carefully the costs, benefits and national economic implications associated with highway investment options. This Technical Report is the fourth volume of HERS documentation. It is labeled Version 3.26 because it corresponds to program Version 3.26 which was used to evaluate 1997 data in preparation of the 1999 C&P Report. It consists of detailed technical discussions of the procedures, assumptions, algorithms, and inputs of the HERS model. This Technical Report is the first of the four volumes to be updated to Version 3.26.
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