Drawing on economic theory, empirical investigations and data from government, private and academic literature, this report revises economic values commonly used by the Federal Aviation Administration (FAA) in the evaluation of investment and regulatory programs. These include the value of time in air travel, the value of a statistical life, unit costs of statistical aviation injuries, aircraft capacity and utilization factors, aircraft variable operating costs, unit replacement and restoration costs of damaged aircraft, weight penalty costs, and probabilities of third-party damage. These values, often referred to as 'critical values', provide the bases upon which the effectiveness of the aviation system or changes therein may be denominated and assessed in monetary terms. FAA decision making should ideally discriminate among alternative investment and regulatory actions according to whether or not they entail socially and economically acceptable uses of user and general taxes. Benefit-cost analysis, Economic values, Value of life, Cost of injuries, Value of time, Aircraft replacement costs, Aircraft operating costs. (eg)


    Zugriff

    Zugriff über TIB

    Verfügbarkeit in meiner Bibliothek prüfen


    Exportieren, teilen und zitieren