The costs of transportation for alternative economic analysis

Elena S. Prassas, Roger P. Roess

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The words “costs” and “benefits” carry enormous colloquial connotations with them. In general, it is assumed that costs are negative, and to be avoided whenever possible, while benefits are positive events that should be vigorously pursued. In the context of an engineering economy study of proposed transportation projects, however, both costs and benefits are ultimately the same thing.

Original languageEnglish (US)
Title of host publicationSpringer Tracts on Transportation and Traffic
PublisherSpringer International Publishing
Pages73-111
Number of pages39
DOIs
StatePublished - Jan 1 2013

Publication series

NameSpringer Tracts on Transportation and Traffic
Volume3
ISSN (Print)2194-8119
ISSN (Electronic)2194-8127

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ASJC Scopus subject areas

  • Transportation
  • Urban Studies
  • Strategy and Management

Cite this

Prassas, E. S., & Roess, R. P. (2013). The costs of transportation for alternative economic analysis. In Springer Tracts on Transportation and Traffic (pp. 73-111). (Springer Tracts on Transportation and Traffic; Vol. 3). Springer International Publishing. https://doi.org/10.1007/978-3-642-38580-3_4