1.011 Project Evaluation Carl D. Martland Case Studies MIT - PDF document

1.011 Project Evaluation • Carl D. Martland • Case Studies • MIT Center for Transportation Studies The Rule of a Half In transportation improvement schemes, the benefits to the new users are approximately a half of the benefits to existing users. The new users did not travel at the old price, but the improvement made a substantial reduction in price which induced demand. The benefit resulting from the induced demand is smaller.

The Chesapeake Bay Bridge

The Chesapeake Bridge and BART