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The Application And Limitations Of Cost-Benefit Assessment (Cba) For Intelligent Transport Systems

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  • Stevens, Alan

Abstract

This paper describes the theory and methodology by which socio-economic assessment, and CBA in particular, are carried out to provide an indication of social worth of ITS projects. Examples are given, and some limitations of CBA are identified. For instance, a good economic case may be insufficient to guarantee deployment. Finally, three applications of CBA are discussed; as a stand-alone quantitative technique, within a common framework of both qualitative and quantitative measures and as a criterion of a Multicriteria Analysis.

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  • Stevens, Alan, 2004. "The Application And Limitations Of Cost-Benefit Assessment (Cba) For Intelligent Transport Systems," Research in Transportation Economics, Elsevier, vol. 8(1), pages 91-111, January.
    • Handle: RePEc:eee:retrec:v:8:y:2004:i:1:p:91-111
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    Cited by:

    1. Jaruntorn Boonyanuphap, 2013. "Cost-benefit analysis of vetiver system-based rehabilitation measures for landslide-damaged mountainous agricultural lands in the lower Northern Thailand," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 69(1), pages 599-629, October.
    2. Kefale, Tigist & Ayalew, Zemen & Birhanie, Zewdu & Wubetie, Biruk Yazie & Baributsa, Dieudonne, 2022. "Cost-benefit analysis of Purdue Improved Crop Storage bags for maize storage among smallholder farmers in northwest Ethiopia," African Journal of Food, Agriculture, Nutrition and Development (AJFAND), African Journal of Food, Agriculture, Nutrition and Development (AJFAND), vol. 22(09).
    3. Zhou, You & Jessup, Eric & Lang, Xiaodong, 2019. "Improved methodology for benefit estimation of highway pavement projects," Research in Transportation Economics, Elsevier, vol. 77(C).

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