Multimodal Infrastructure Investment Decision Making: An Institutional and Funding Perspective

Travis P. Dunn and Joseph M. Sussman

Journal of the Transportation Research Forum, 2011, vol. 50, issue 2

Abstract: This paper presents a case analysis of multimodalism in transportation investment decision making as it relates to other policy decisions, including infrastructure ownership structures, geographic scales, and revenue sources. This allows a more complete understanding of multimodalism’s benefits, drawbacks, and opportunities. Private infrastructure developers are more likely to evaluate and select investments in a multimodal fashion than either the public sector or public-private partnerships. Decentralized, municipal decision making tends to reduce barriers to multimodalism, although with reduced capacity for large-scale project implementation. Experience suggests that the source of transportation revenues is a less important influence on multimodalism than the organizations collecting them.

Keywords: Public; Economics (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ndjtrf:207295

DOI: 10.22004/ag.econ.207295

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