Current methods of cost-benefit analysis (CBA) for transport investments rely on travel-time savings for potential users. This approach presents a consistent and significant historical trend of forecast inaccuracy, and thus has been questioned and criticized. Access, or the ease of reaching valued destinations, can be used as an alternative. Access features a strong correlation with land value which can be measured through hedonic analysis, and subsequently, access gains offered by a transport initiative can be monetised via property uplift. We test this hypothesis and evaluate Sydney's South West Metro Link (SWML).

中文翻译：

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基于访问的成本效益分析


当前的交通投资成本效益分析（CBA）方法依赖于为潜在用户节省出行时间。这种方法呈现出一致且显着的预测不准确的历史趋势，因此受到质疑和批评。交通或轻松到达有价值的目的地可以作为替代方案。通达性与土地价值具有很强的相关性，可以通过特征分析来衡量，随后，交通举措提供的通达收益可以通过财产提升来货币化。我们检验这一假设并评估悉尼西南地铁线路 (SWML)。