Transportation Policy and Management: Value of Life
Suppose there is a road improvement which will save 1 life per year, reducing the number of fatalities from 2 to 1 per year (out of 1000 people using the road). Assume all travelers are identical. What value of life should be used in the analysis? Normally, we would do the equivalent of trying to […]
Transportation Regulation and Policy
8–10 slides (Does not include Title and Reference slides) Describe the goals and impact of transportation regulation & policy; specifically the impact on modes of transportation, their respective functionalities, and the critical elements of the U.S. transportation system. Transportation has played a tremendous role in shaping the economy and social structure of the United States. […]