Research Article
Jan 1982
Economic Evaluation of Development Projects on Transportation ROW
Authors: Snehamay Khasnabis, Kenneth S. Opiela, AM.ASCE, and Ronald G. Arbogast, M.ASCEAuthor Affiliations
Publication: Transportation Engineering Journal of ASCE
Volume 108, Issue 1
Abstract
The development and application of a computer model for testing the feasibility of multiple agency development projects at proposed transit stations is described. Given a development strategy, the model allocates project costs and revenues among a number of participating entities and uses the `Internal Rate of Return' technique to compute the project returns to each entity. An iterative technique is used to derive the return by converging the numerical value of the `Net Present Worth' of the cash flow to zero by systematically altering the interest rate. The return for each entity is calculated the model in the form of a three dimensional matrix as a function of the type, location and strategy of the project. The model can also estimate annual net return/cost for each entity for a specified interest rate. The study shows that the model can be used to identify optimal development strategies for a given project, economically feasible development projects at a given site, and desirable sites for development projects from a number of possible alternatives.
Get full access to this article
View all available purchase options and get full access to this article.
Information & Authors
Information
Published In
Transportation Engineering Journal of ASCE
Volume 108 • Issue 1 • January 1982
Pages: 51 - 70
Copyright
© 1982 American Society of Civil Engineers.
History
Published in print: Jan 1982
Published online: Feb 5, 2021
Permissions
Request permissions for this article.
Authors
Affiliations
Snehamay Khasnabis
Assoc. Prof., Dept. of Civ. Engrg., Wayne State Univ., 667 Merrick, Detroit, MI 48202
Kenneth S. Opiela, AM.ASCE
Manager, Transportation Engineer and Planning; Goodell, Grivas, Inc., 17320 W. Eight Mile Road, Southfield, MI 48075
Ronald G. Arbogast, M.ASCE
Vice-Pres., Refuse Resource Recovery, Inc., 30555 Southfield Rd., Southfield, Mich. 48075
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.
Cited by
View Options
Get Access
Access content
Please select your options to get access
Log in/Register
Log in via your institution (Shibboleth)
ASCE Members:
Please log in to see member pricing
Purchase
Save for later Item saved, go to cart Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Get Access
Access content
Please select your options to get access
Log in/Register
Log in via your institution (Shibboleth)
ASCE Members:
Please log in to see member pricing
Purchase
Save for later Item saved, go to cart Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.