The Full Costs and Benefits of Transportation: Contributions to Theory, Method and Measurement

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Modern transportation systems have far-reaching, and serious consequences: deaths and injuries from accidents, pollution of air, water and groundwater, noise congestion, and the greenhouse effect. As world transport systems expand and become increasingly motorised, the transportation community is searching for systems that are both efficient and sustainable. Here, leading international researchers explore the issues and concepts and define the state of knowledge concerning the full costs and benefits of transportation.

The Full Costs and Benefits of Transportation: Contributions to Theory, Method and Measurement Review

This is book is a welcome addition to the field of cost-benefit analysis in transportation. It contains contributions from 20 or so respected academics, each describing a separate field of study. I have seldom seen a fuller and more holistic approach to cost and benefits in transportation research.

Individual works of excellence

As mentioned, 20 or so academics, from around the world, including the USA, Germany, Australia and France, have submitted their own ideas on costs and benefits. Displaying my ignorance, I have to admit I don't know that many of them; perhaps I should, but I recognize their respective universisties as leading institutions in the field of transportation. Two I do know: I have met Douglass Lee of USDOT in person, when attending the TRB Annual Meeting in 2004. And I've run into David Hensher, ETC 2005 I think it was.

Outdated?

The book is not new. It was first published in 1997, and although the empirical data may no longer be anywhere near true, the principles and methodologies still hold. Still, given the price, it's probably not a book you would buy as a student. Even as a researcher with a big wallet I find pricetags of more than $100 inhibitively expensive.

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