EVolution is a news, intelligence and analysis service dedicated to the emerging business of supporting electric and hydrogen-fuelled vehicles.

Appraising land values sounds attractive, but it’s flawed

Paul Withrington, Transport-Watch, Northampton NN2
21 March 2014
Cost benefit analysis is only suitable for investments where there is no market, such as roads, says Paul Withrington
Cost benefit analysis is only suitable for investments where there is no market, such as roads, says Paul Withrington

 

David Metz canvasses for changes in land values to be the measure of benefits rather than the traditional time savings (ibid). I canvassed for the same in the now defunct journal, The Surveyor, in editions on the 8 and 15 December 1972.  

Among other things I pointed out that the standard cost benefit analysis would not capture benefits in a range of circumstances. Suppose we have an uncongested road upon which traffic doubled over 20 years whilst remaining uncongested. Time savings would...

+87% more

 

Transport Services Manager
Rutland County Council
Rutland
£54,976 - £58,977
Traffic Network Engineer
Portsmouth City Council
Portsmouth
£31,067 - £37,937
Traffic Network Engineer
Portsmouth City Council
Portsmouth
£31,067 - £37,937
View all Vacancies
 
Search
 
 
 

TransportXtra is part of Landor LINKS

© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020