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- W825813384 abstract "This paper discusses 2 emerging issues in transport project appraisal. First, the discount rate may need to vary as many current projects have maintenance times shorter than conventional transport projects, and these projects are less vulnerable to changes in the investment climate. Also, accumulating benefits from pilot projects can improve the benefit/cost ratio of these investments, because the experiences gained in the design of the pilot project will positively reduce similar expenses in following projects utilizing the same technology solutions. The proposed developments to the CBA framework would improve capturing the specific features of the ITS investments." @default.
- W825813384 created "2016-06-24" @default.
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- W825813384 date "2004-01-01" @default.
- W825813384 modified "2023-09-26" @default.
- W825813384 title "ROLE OF DISCOUNT RATES AND PILOT PROJECTS IN ITS--PROJECT CBA. IN: ECONOMIC IMPACTS OF INTELLIGENT TRANSPORTATION SYSTEMS: INNOVATIONS AND CASE STUDIES" @default.
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