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The value of the barrier effect of roads and railways – A literature review

Anciaes, PR; Jones, P; Mindell, JS; (2014) The value of the barrier effect of roads and railways – A literature review. (Street Mobility and Network Accessibility Working Paper 03). University College London (UCL): London, UK. Green open access

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Abstract

Railways and roads with large traffic levels or speeds are physical and psychological barriers between local communities, an effect usually described as "barrier effect" or "community severance". Due to its intangible nature, this effect does not have a market price, and so, methods of economic valuation are needed to derive its value. This paper reviews the methods proposed in the literature for valuing the barrier effect, including stated preference and revealed preference methods, objective approaches, and benefits transfer. The implications of including the values obtained in cost-benefit analysis are discussed.

Type: Working / discussion paper
Title: The value of the barrier effect of roads and railways – A literature review
Open access status: An open access version is available from UCL Discovery
Publisher version: https://www.ucl.ac.uk/street-mobility/docs/ucl_str...
Language: English
UCL classification: UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Pop Health Sciences > Institute of Epidemiology and Health
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Pop Health Sciences > Institute of Epidemiology and Health > Epidemiology and Public Health
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Civil, Environ and Geomatic Eng
URI: https://discovery.ucl.ac.uk/id/eprint/1461386
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