building on undeveloped land
Land Assemblage Problem
Question 1: How does building on undeveloped land differ from building on developed land from an economic standpoint? Discuss the land assemblage problem as it relates to urban renewal. List and discuss possible contradictions between the goals of urban renewal and related outcomes.
Question 2: How does model analysis compare to cost benefit analysis regarding transportation planning? What political elements are involved with transportation planning for cities? Would you recommend a single method of analysis or a combination of methods of analysis for transportation planning? Why? Lastly, discuss the nature of allocating funds derived from the public budget. Why is there considered to be a ‘lack of consensus’ regarding the public budgeting process?