Perspectives on Efficiency in Transportation
David Levinson
No 200303, Working Papers from University of Minnesota: Nexus Research Group
Abstract:
This paper considers the engineer's, economist's, manager's, and planner's perspectives on effectiveness for transportation respectively. This paper examines both the measures used in each perspective, weighs their advantages and disadvantages for various purposes. The first section summarizes various measures of mobility that are used to assess transportation. This is followed by an exposition of transportation consumer surplus and its limitations. Similar treatment of accessibility and productivity are provided. The conclusions call for consideration of equity and for taking the subjective point of view of the traveler rather than the "objective" point of view of the omniscient planner/engineer/economist/manager.
Keywords: Performance Based Programming; Performance Measures; Systems Evaluation; Measures of Effectiveness; Mobility; Utility; Benefit-Cost; Productivity; Accessibility . (search for similar items in EconPapers)
JEL-codes: D30 R40 R48 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (11)
Published in International Journal of Transport Management 1 pp.145-155.
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http://hdl.handle.net/11299/179912 First version, 2007 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:nex:wpaper:perspectives
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