Multimodal Infrastructure Investment Decision Making: An Institutional and Funding Perspective

This paper presents a case analysis of multimodalism in transportation investment decision making as it relates to other policy decisions, including infrastructure ownership structures, geographic scales, and revenue sources. This allows a more complete understanding of multimodalism’s benefits, drawbacks, and opportunities. Private infrastructure developers are more likely to evaluate and select investments in a multimodal fashion than either the public sector or public-private partnerships. Decentralized, municipal decision making tends to reduce barriers to multimodalism, although with reduced capacity for large-scale project implementation. Experience suggests that the source of transportation revenues is a less important influence on multimodalism than the organizations collecting them.


Subject(s):
Issue Date:
2011
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/207295
Published in:
Journal of the Transportation Research Forum, Volume 50, Number 2
Page range:
17-32
Total Pages:
17




 Record created 2017-04-01, last modified 2017-08-28

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