A2 Transport Economics - CBA & Transport Infrastructure Investment

Cost Benefit Analysis, Transport Infrastructure Investment etc.

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  • Created by: Vixxx92
  • Created on: 23-01-11 16:34
What is a PPP (Public Private Partnership)?
agreement between the government and a private sector firm to finance large projects
1 of 7
PFI is linked to what other 3 letters?
PPP
2 of 7
What is COBA?
a computer model used to appraise new roads
3 of 7
COBA is split into 3 main components. These are-
Time Savings, Accident Cost Savings and Vehicle Cost Savings
4 of 7
The disadvantages of COBA are that it:
ignores the externalities and it only applies to roads
5 of 7
PFI stands for...
Private Finance Initiative
6 of 7
What road is a good example of having been constructed through the PFI/PPP?
M6 Toll (Birmingham Relief Road)
7 of 7

Other cards in this set

Card 2

Front

PFI is linked to what other 3 letters?

Back

PPP

Card 3

Front

What is COBA?

Back

Preview of the front of card 3

Card 4

Front

COBA is split into 3 main components. These are-

Back

Preview of the front of card 4

Card 5

Front

The disadvantages of COBA are that it:

Back

Preview of the front of card 5
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Comments

Nic

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This is a good quiz, but Q10 gives the answer to Q2. Also Q9 gives a big hint as to what the answer to Q2 may be.