Quantifying Transportation Benefits of Transit-Oriented Development in New Jersey

@article{Mudigonda2014QuantifyingTB,
  title={Quantifying Transportation Benefits of Transit-Oriented Development in New Jersey},
  author={Sandeep Mudigonda and Kaan Ozbay and Ozgur Ozturk and Shrisan Iyer and Robert B. Noland},
  journal={Transportation Research Record},
  year={2014},
  volume={2417},
  pages={111 - 120}
}
The cost of transportation plays an important role in residential location choice. Reducing transportation costs not only benefits the user but also improves the performance of the system as a whole. A direct impact of transit-oriented development (TOD) is the change in out-of-pocket costs for users, as well as the changes in costs of externalities and agency benefits. The prime mover for these changes is the shift in population when a TOD is built near train stations and the induced mode… 

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