Question

The city of Fort Collins is considering transportation alternatives to manage its burgeoning population and ensure a high living standard. The City can choose to analyze their alternatives using Benefit Cost Analysis or Cost Effectiveness Analysis. Which of the following costs and benefits may be relevant to consider under BCA vs CE: fuel costs for private vehicles, air quality, roadway accidents, costs of road expansion, costs of mass public transportation, costs of Uber/Lift/Grab, effect of greenways and trails on housing prices, population growth, effect of commuting time on obesity, income of those in Wellington and Windsor who commute by private motor vehicle.(10 points). Why might the city choose one analytical technique over the other?

Answer 1