How to model the gains from infrastructure investment?
dc.contributor.author
Zöllig, Christof
dc.contributor.author
Axhausen, Kay W.
dc.date.accessioned
2018-03-09T11:45:03Z
dc.date.available
2017-06-09T11:27:41Z
dc.date.available
2018-01-31T08:11:48Z
dc.date.available
2018-03-09T11:45:03Z
dc.date.issued
2011-05
dc.identifier.uri
http://hdl.handle.net/20.500.11850/36033
dc.identifier.doi
10.3929/ethz-a-006466512
dc.description.abstract
This paper is a reply to Metz recent book (2008), in which he pointed out, that current costbenefit practise assumes that short-term gains provide a full picture of the gains from investment. It is also an attempt to sketch the model, which is needed to give the decision makers an idea of the long term impacts of the their short term choices. This would help to avoid overly myopic decisions.<br/>The paper sketches a thought model of how and why infrastructure investment improves overall average welfare through the reduction in the generalised costs of travel. The complete model is currently impossible to implement computationally, but it is possible to test the proposition that omitting choice dimensions means omitting benefits. The test of this proposition is a small scale agent based simulation model of route, mode, departure time and destination. The test results clearly show, that one should not omit choice dimension if credible models for their inclusion exist.
en_US
dc.format
application/pdf
dc.language.iso
en
en_US
dc.publisher
Eidgenössische Technische Hochschule, Institut für Verkehrs- und Raumplanung
en_US
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
Benefit
en_US
dc.subject
Infrastruktur (Wirtschaftswissenschaften)
en_US
dc.subject
Entscheidungstheorie (Operations Research)
en_US
dc.subject
Traveller Behaviour (Transportation and Traffic)
en_US
dc.subject
Model
en_US
dc.subject
Externe Effekte
en_US
dc.subject
Long term change
en_US
dc.subject
Cost-benefit analysis (economy)
en_US
dc.subject
Travel behaviour
en_US
dc.subject
Short term
en_US
dc.subject
Cost-benefit analysis
en_US
dc.subject
Verkehrsmodelle + Verkehrssimulation (Verkehr und Transport)
en_US
dc.subject
Fallstudien (Dokumententyp)
en_US
dc.subject
Case studies (document type)
en_US
dc.subject
Decision making (operations research)
en_US
dc.subject
Kosten-Nutzen-Analyse (Wirtschaft)
en_US
dc.subject
Externalities
en_US
dc.subject
Transport models + traffic simulation (transportation and traffic)
en_US
dc.subject
Infrastructure (economics)
en_US
dc.subject
Verkehrsverhalten der Bevölkerung (Verkehr und Transport)
en_US
dc.title
How to model the gains from infrastructure investment?
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
ethz.journal.title
Arbeitsberichte Verkehrs- und Raumplanung
ethz.journal.volume
673
en_US
ethz.size
25 p.
en_US
ethz.code.ddc
DDC - DDC::3 - Social sciences::380 - Commerce, communications, transport
en_US
ethz.code.ddc
DDC - DDC::3 - Social sciences::330 - Economics
en_US
ethz.identifier.nebis
006466512
ethz.publication.place
Zürich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02115 - Dep. Bau, Umwelt und Geomatik / Dep. of Civil, Env. and Geomatic Eng.::02610 - Inst. f. Verkehrspl. u. Transportsyst. / Inst. Transport Planning and Systems::03521 - Axhausen, Kay W. (emeritus) / Axhausen, Kay W. (emeritus)
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02100 - Dep. Architektur / Dep. of Architecture::02655 - Netzwerk Stadt und Landschaft D-ARCH::02226 - NSL - Netzwerk Stadt und Landschaft / NSL - Network City and Landscape
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02100 - Dep. Architektur / Dep. of Architecture::02655 - Netzwerk Stadt u. Landschaft ARCH u BAUG / Network City and Landscape ARCH and BAUG
*
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02115 - Dep. Bau, Umwelt und Geomatik / Dep. of Civil, Env. and Geomatic Eng.::02610 - Inst. f. Verkehrspl. u. Transportsyst. / Inst. Transport Planning and Systems::03521 - Axhausen, Kay W. (emeritus) / Axhausen, Kay W. (emeritus)
ethz.date.deposited
2017-06-09T11:27:55Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp59366b017e79a75403
ethz.identifier.importid
imp59364e1e55ef543866
ethz.ecolpid
eth:2715
ethz.ecitpid
pub:57601
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
dc.relation.isnodouble
37171
*
dc.relation.isnodouble
17604
*
ethz.rosetta.installDate
2017-07-13T01:15:43Z
ethz.rosetta.lastUpdated
2024-02-02T04:07:37Z
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true
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true
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