World Library  

QR link for Roads Economic Decision Model (Red) for Economic Evaluation of Low Volume Roads
Add to Book Shelf
Flag as Inappropriate
Email this Book

Roads Economic Decision Model (Red) for Economic Evaluation of Low Volume Roads

By Archondo-Callao, Rodrigo S.

Click here to view

Book Id: WPLBN0000204508
Format Type: PDF eBook
File Size: 0.2 MB
Reproduction Date: 2005

Title: Roads Economic Decision Model (Red) for Economic Evaluation of Low Volume Roads  
Author: Archondo-Callao, Rodrigo S.
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


APA MLA Chicago

Archondo Callao, R. S. (n.d.). Roads Economic Decision Model (Red) for Economic Evaluation of Low Volume Roads. Retrieved from


The decision-making process for the development and maintenance of low-volume rural roads suffers from the lack of a customized economic evaluation tool. The World Bank?s Highway Design and Maintenance Standards Model (HDM-III) (1) and the forthcoming Highway Development and Management Model (HDM-4), being developed by the International Study of Highway Development and Management Tools, present a good framework for the economic evaluation of road investments and maintenance but are not particularly customized for low-volume roads (traffic less than 200 vehicles per day), do not capture all the benefits associated with rural road investments, and require a series of inputs which are impractical to collect for low traffic levels. Hence, the need for a simplified economic evaluation model to fulfill the planning and programming needs of highway agencies in charge of low-volume roads, without demanding input parameters that may be unrealistic and costly to collect while presenting the results in a practical and effective manner. This note presents the Roads Economic Decision Model (RED) that performs an economic evaluation of road investments and maintenance options customized to the characteristics of low-volume roads such as: ? high uncertainty of the assessment of traffic, road condition, and future -- maintenance of unpaved roads; -- ? periods during a year with disrupted passability; -- ? levels of service and corresponding road user costs defined not only -- through roughness; -- ? high potential to influence economic development; and -- ? beneficiaries other than motorized road users.


Click To View

Additional Books

  • A Complete Algebra : For High Schools, A... (by )
  • A Compendium of Mathematical Geography (by )
  • The Growth of English Industry and Comme... (by )
  • The Principles of Natural and Politic La... (by )
  • The Positive Philosophy of Auguste Comte (by )
  • A Compendium of Algebra : To Which Is Ad... (by )
  • Acta Historica Res Gestas Poloniae Illus... (by )
  • Statistical Methods : With Special Refer... (by )
  • China after the War (by )
  • Consistent Estimation of Scaled Coeffici... (by )
  • Acta Historica Res Gestas Poloniae Illus... 
  • Abels Theorem and the Allied Theory, Inc... (by )
Scroll Left
Scroll Right


Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.