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Multimodal Infrastructure Investment Decision Making: An Institutional and Funding Perspective

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  • Dunn, Travis P.
  • Sussman, Joseph M.

Abstract

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.

Suggested Citation

  • Dunn, Travis P. & Sussman, Joseph M., 2011. "Multimodal Infrastructure Investment Decision Making: An Institutional and Funding Perspective," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 50(2).
    • Handle: RePEc:ags:ndjtrf:207295
    DOI: 10.22004/ag.econ.207295
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    Public Economics;

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