The Social Valuation of Road Schemes.

Hopkinson, P.G. (1994) The Social Valuation of Road Schemes. Working Paper. Institute of Transport Studies, University of Leeds , Leeds, UK.

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Abstract

Road project appraisal in the UK is based upon the estimation of costs and benefits which in turn are predicted upon a series of techniques, assumptions and approaches. This paper examines a number of critical issues in road project appraisal, in particular the relation between 'economic' and 'environmental' costs and benefits. A social survey methodology is described which allows people to express their preferens between alternative road schemes in a much fuller way than is normally allowed in conventional studies of, for instance, value of time or environmental impact surveys. The findings of these surveys are discussed and their implications for road project appraisal outlined.

Item Type:	Monograph (Working Paper)
Copyright, Publisher and Additional Information:	Copyright of the Institute of Transport Studies, University Of Leeds
Academic Units:	The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)
Depositing User:	Adrian May
Date Deposited:	18 May 2007
Last Modified:	08 Feb 2013 16:52
Published Version:	http://www.its.leeds.ac.uk/
Status:	Published
Publisher:	Institute of Transport Studies, University of Leeds
Identification Number:	Working Paper 363
URI:	http://eprints.whiterose.ac.uk/id/eprint/2208

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