| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7455404 | Habitat International | 2016 | 7 Pages |
Abstract
The case study involves a park & ride facility whose demand was determined in a previous paper. We show via stylized discounted cash flow analysis that the value for the users is not sufficient to justify the investment. However the positive externality generated by lower traffic congestion in the city, measured by means of the subjective value rates estimated in the present study, turns the net present value of the project highly positive.
Related Topics
Social Sciences and Humanities
Social Sciences
Development
Authors
Emilio Picasso, Mariano Bonoli Escobar, Maria Stewart Harris, Felipe Tanco,