How does model analysis compare to cost benefit analysis


Discussion:

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: How does model analysis compare to cost benefit analysis
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