Authors: | Rune Elvik |
Report nr: | 1107/1998 |
Language: | Norwegian |
Attachments | Hele notatet Sammendrag |
The working paper contains a cost-benefit analysis and a cost-effectiveness analysis of eight measures designed to support reduced speed limits in urban areas. The analyses were performed according to two sets of assumptions:
(1) Lowering the speed limit and introduction supporting measures is introduced as a package of measures.
(2) The supporting measure are introduced only as a means to enforce the speed limit.
In the first set of assumptions, travel time costs were omitted from the analyses. Speed humps is the most cost-effective measure.
The benefit-cost ratio of the measures depends very much on whether travel time costs are invluded in the analyses or not. Only 2 of a total of 96 analyses show that benefits exceed costs when travel time costs are included, as opposed to 57 out of 96 analyses when travel time costs are omitted.