The attribution of transport user benefits by source using discrete choice models

Geoff Hyman and Andrew Daly

Research in Transportation Economics, 2014, vol. 47, issue C, 103-111

Abstract: A major transport project would typically affect the cost of travel of several different alternatives, and give rise to a combination of gains and losses to users of each alternative. The attribution of benefits to each of the travel alternatives needs to recognise that travellers may change their behaviour as a result of the project. These changes in demand arise not only from changes in the cost of each specific alternative but also from cost changes in other competing alternatives. The appropriate treatment of inter-modal effects is central to the determination of the user benefit produced by each alternative.

Keywords: User benefit; Consumer surplus; Transport appraisal; Benefit attribution (search for similar items in EconPapers)
JEL-codes: R42 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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DOI: 10.1016/j.retrec.2014.09.023

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