Cost benefit analysis regarding transportation planning


How does model analysis compare to cost benefit analysis regarding transportation planning? What political elements are involved with transportation planning for cities? Would you recommend a single method of analysis or a combination of methods of analysis for transportation planning? Why? Lastly, discuss the nature of allocating funds derived from the public budget. Why is there considered to be a ‘lack of consensus' regarding the public budgeting process?

 

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Microeconomics: Cost benefit analysis regarding transportation planning
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