Abstract We extend the treatment of paper I to consider the contribution of various travel responses to user benefits when constrained spatial interaction models are adopted to appraise a variety of highway projects. A comparison is made of the benefit measures derived from constrained and unconstrained model forms, and the implications for the methods of investment appraisal assessed.


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    Title :

    Transport policy appraisal with equilibrium models II: Model dependence of highway investment benefits


    Contributors:

    Published in:

    Publication date :

    1990-08-25


    Size :

    12 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English




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