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Priorities for University Research in Transportation Proceedings of a Workshop (1976) / Chapter Skim
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DISCUSSIONPANEL ON ECONOMICS AND REGULATION
Pages 80-81

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From page 80...
... That does not mean, if in fact the costs are greater than the benefits, that we would all necessarily say that an activity is not worth undertaking. But I think we would then say that, although the activity does not pay in terms of normal economic measures, noneconomic measures clearly enter and ask whether you, as policymakers, weigh the value of those noneconomic measures sufficiently to go ahead and undertake the activity.
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From page 81...
... Added to this will be a continuing change in the socioeconomic character of the urban population, making cities even less able to support and develop transportation alternatives than they are today. And I was wondering, except for the science and technology panel, how each of those other three panels consider this question.
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Key Terms

  • travel demand
  • transportation concept
  • rigorous economics
  • panels consider
  • fairly stringent

  • jet airplane
  • key measure
  • urban population
  • transportation alternatives
  • essentially improvements

  • existing modes
  • discussing technology
  • urban transportation
  • demand people
  • economic measures

  • paying operation
  • stringent accounting
  • develop transportation
  • technology panel
  • continuing change

  • trends exist
  • rigorous economic
  • measures sufficiently
  • jet aircraft
  • original airplane

  • transportation research
  • technological gadgets
  • worth undertaking
  • possibly sell
  • dramatic reversals


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