In an interesting indirect sort of way, the new Orange Line in Los Angeles comes out ahead - barely - in a cost/benefit analysis by a group at Berkeley.
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csa | 7:50 PM |
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Given how poorly most new transit lines start, that the shiny new Orange line is already an improvement is remarkable. Also, if you want to measure economic cost and benefit, probably it should be measured as total minutes saved (over all people) per dollar, not an average. Who cares if some new transit system reduces the average transit time by 90% if there's only two people benefiting, but if a million people benefit by 10%, that's significant.
Given how poorly most new transit lines start, that the shiny new Orange line is already an improvement is remarkable. Also, if you want to measure economic cost and benefit, probably it should be measured as total minutes saved (over all people) per dollar, not an average. Who cares if some new transit system reduces the average transit time by 90% if there's only two people benefiting, but if a million people benefit by 10%, that's significant.