A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Policy matters in investment decision-making
McBride G. A. (1970) Policy matters in investment decision-making, Reg. Studies 4, 241–253. This paper illustrates the importance of policy determination in investment decision-making. It focuses on a methodology for formulating investment plans, using the Appalachian Development Highway System as an example. The distinguishing feature of such a program is that multiple objectives are involved; one concerned with the distribution of net benefits. In this paper, a benefit-cost framework is proposed that simultaneously treats multiple objectives, as well as other matters of policy. The framework is used to evaluate one segment of the Appalachian System. It is shown that the outcome depends largely on the policy-makers' statement of objectives, the relative values assigned to contributions to these objectives generated by the investment, and the selection of a rate of interest and economic life of the project. It is not a complete accounting of the benefits and costs, nor does it provide an estimate of multiplier benefits. It does, however, provide an estimate of the first-round net benefits generated by the investment for multiple objectives.
Policy matters in investment decision-making
McBride G. A. (1970) Policy matters in investment decision-making, Reg. Studies 4, 241–253. This paper illustrates the importance of policy determination in investment decision-making. It focuses on a methodology for formulating investment plans, using the Appalachian Development Highway System as an example. The distinguishing feature of such a program is that multiple objectives are involved; one concerned with the distribution of net benefits. In this paper, a benefit-cost framework is proposed that simultaneously treats multiple objectives, as well as other matters of policy. The framework is used to evaluate one segment of the Appalachian System. It is shown that the outcome depends largely on the policy-makers' statement of objectives, the relative values assigned to contributions to these objectives generated by the investment, and the selection of a rate of interest and economic life of the project. It is not a complete accounting of the benefits and costs, nor does it provide an estimate of multiplier benefits. It does, however, provide an estimate of the first-round net benefits generated by the investment for multiple objectives.
Policy matters in investment decision-making
McBride, G.A. (author)
Regional Studies ; 4 ; 241-253
1970-08-01
13 pages
Article (Journal)
Electronic Resource
Unknown
Investment, regional , Appalachians , Highways, economic impact of Cost-benefit analysis , Benefit-cost framework , Investition, regionale , Appalachen , Highways, wirtschaftliche , Einflüsse von , Kosten/Profite-Analyse , Profit/Kosten-Rahmen , Investissement, régionale , Grands Chemins, effet économique , Analyse coût-bénéfice , Cadre coût-bénéfice , Речиональноэ капнталовлозение горы , Аппалачи , Экономическин толчок дорог , Аналиэ стоимости—прибыли , Структура прибыль—стоимость
Decision Support Framework for Infrastructure Maintenance Investment Decision Making
| Online Contents | 2016
Multi-entity perspective transportation infrastructure investment decision making
| Online Contents | 2013