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Engineering

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University of Kentucky

2004

Amenity valuation

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System For Valuing Changes To Historic And Environmental Amenities, Eric C. Thompson, Jennifer M. Burnett, Anna L. Stewart Oct 2004

System For Valuing Changes To Historic And Environmental Amenities, Eric C. Thompson, Jennifer M. Burnett, Anna L. Stewart

Kentucky Transportation Center Research Report

This report provides a model for estimating the impact of highway projects on the environment and cultural amenities. The model was developed by the University of Kentucky Center for Business and Economic Research and was supported by funding from the Academy for Community & Transportation Innovation, a venture between the University of Kentucky, The University of Louisville, and the Kentucky Transportation Cabinet. This model provides a tool that transportation officials can use to examine any project’s impact on historic or environmental amenities.

The model allows transportation officials to design their analysis for a particular highway project. Officials simply select the …