TRB Pubsindex
Text Size:

Title:

Economic Competitiveness and Equity-Based Safety Improvement Allocation Model for Urban Intersections

Accession Number:

01515577

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

Economic competitiveness and equity can be two competing objectives while allocating funds for implementation of safety alternatives on urban intersections. One of the critical phase of current safety management process (hazard elimination program) undertaken by most states is resource allocation among identified crash locations. Literature underlines the importance of this phase and lack of sophisticated tools available to state planning agencies for evaluating federal and state policies. The study overcomes this limitation by proposing an optimization based resource allocation model that maximizes safety benefits, subjected to budget and policy constraints. The proposed model incorporates economic competitiveness in the allocation and distributes improvements to urban intersections such that maximum economical benefits are obtained from crash savings. However, results show that while economic competitiveness leads to optimal benefits, resource allocation is inequitable. Hence equity based models are developed by adding two policy options: equity in opportunity and equity in outcome. The resource allocation model is solved using sequential quadratic programming. The model is applied to crash prone intersections in four counties of southeast Michigan. The proposed model is generic and scalable, with flexibility in including policy options often considered by state and local agencies.

Supplemental Notes:

This paper was sponsored by TRB committee ANB10 Transportation Safety Management.

Monograph Accession #:

01503729

Report/Paper Numbers:

14-4215

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Mishra, Sabyasachee
Sharma, Sushant
Golias, Mihalis
Boyles, Stephen D

Pagination:

21p

Publication Date:

2014

Conference:

Transportation Research Board 93rd Annual Meeting

Location: Washington DC
Date: 2014-1-12 to 2014-1-16
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Appendices; Figures; Glossary; References; Tables

Geographic Terms:

Subject Areas:

Economics; Highways; Safety and Human Factors; I10: Economics and Administration; I82: Accidents and Transport Infrastructure

Source Data:

Transportation Research Board Annual Meeting 2014 Paper #14-4215

Files:

TRIS, TRB, ATRI

Created Date:

Jan 27 2014 3:27PM