Benefit/Cost Analysis of Central Ohio Commuter-Assistance Program

Abstract

The question of the effectiveness of ridesharing programs is addressed. The Commuter Assistance Program of the Mid-Ohio Regional Planning Commission was analyzed. The methodology of performing the analysis by the benefit/cost approach is described. Benefits are estimated based on the vehicle kilometers and vehicle trips reduced as a result of ridesharing arrangements formed through the program. Benefits are those that affect users of the service in terms of direct monetary savings and indirect savings in terms of reducing mobile emissions. Results of the analysis indicate that ridesharing is a low-cost approach to solving transportation congestion with a relatively high return on investment.