Benefit/Cost Analysis of Central Ohio Commuter-Assistance Program

1997 ◽  
Vol 1598 (1) ◽  
pp. 32-35 ◽  
Author(s):  
Ahmad Al-Akhras ◽  
Traci Kalra ◽  
Nick Gill
Keyword(s):  
Regional Planning ◽  
Return On Investment ◽  
Low Cost ◽  
Planning Commission ◽  
Assistance Program ◽  
Benefit Cost Analysis ◽  
Cost Approach ◽  
High Return ◽  
Benefit Cost ◽  
Monetary Savings

The question of the effectiveness of ridesharing programs is addressed. The Commuter Assistance Program of the Mid-Ohio Regional Planning Commission was analyzed. The methodology of performing the analysis by the benefit/cost approach is described. Benefits are estimated based on the vehicle kilometers and vehicle trips reduced as a result of ridesharing arrangements formed through the program. Benefits are those that affect users of the service in terms of direct monetary savings and indirect savings in terms of reducing mobile emissions. Results of the analysis indicate that ridesharing is a low-cost approach to solving transportation congestion with a relatively high return on investment.

What’s in, what’s out? Towards a rigorous definition of the boundaries of benefit-cost analysis

2021 ◽  
pp. 1-17
Author(s):  
Daniel Acland
Keyword(s):  
Cost Analysis ◽  
Willingness To Pay ◽  
Low Cost ◽  
Consumer Sovereignty ◽  
Benefit Cost Analysis ◽  
Rigorous Definition ◽  
Pareto Criterion ◽  
Definition Of ◽  
Benefit Cost

Abstract Benefit-cost analysis (BCA) is typically defined as an implementation of the potential Pareto criterion, which requires inclusion of any impact for which individuals have willingness to pay (WTP). This definition is incompatible with the exclusion of impacts such as rights and distributional concerns, for which individuals do have WTP. I propose a new definition: BCA should include only impacts for which consumer sovereignty should govern. This is because WTP implicitly preserves consumer sovereignty, and is thus only appropriate for ‘sovereignty-warranting’ impacts. I compare the high cost of including non-sovereignty-warranting impacts to the relatively low cost of excluding sovereignty-warranting impacts.

scholarly journals Benefit-cost analysis of Promoting First Relationships®: Implications of victim benefits assumptions for return on investment

2020 ◽  
Vol 106 ◽  
pp. 104515
Author(s):  
Margaret R. Kuklinski ◽  
Monica L. Oxford ◽  
Susan J. Spieker ◽  
Mary Jane Lohr ◽  
Charles B. Fleming
Keyword(s):  
Cost Analysis ◽  
Return On Investment ◽  
Benefit Cost Analysis ◽  
Benefit Cost

Public Investment Criteria: Benefit-Cost Analysis for Planned Economic Growth by Stephen A. Marglin. London: George Allen & Unwin Ltd., 1967. pp.103. 22s. 6d.********** Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.

1967 ◽  
Vol 7 (3) ◽  
pp. 416-420
Author(s):  
Arthur MacEwan
Keyword(s):  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Capacity Expansion ◽  
Point Of View ◽  
Systematic Analysis ◽  
Benefit Cost Analysis ◽  
The Government ◽  
The Many ◽  
Benefit Cost

These books are numbers 4 and 5, respectively, in the series "Studies in the Economic Development of India". The two books are interesting complements to one another, both being concerned with the analysis of projects within national plan formulation. However, they treat different sorts of problems and do so on very different levels. Marglin's Public Investment Criteria is a short treatise on the problems of cost-benefit analysis in an Indian type economy, i.e., a mixed economy in which the government accepts a large planning responsibility. The book, which is wholely theoretical, explains the many criteria needed for evaluation of projects. The work is aimed at beginning students and government officials with some training in economics. It is a clear and interesting "introduction to the special branch of economics that concerns itself with systematic analysis of investment alternatives from the point of view of a government".

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