• Journal of Korean Society of Transportation
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• v.26 no.3
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• pp.211-221
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• 2008

This dissertation studied the psychological cost, which converted the mental pain suffered by the victim of a traffic accident and his/her family, friends and people around him/her into social costs. Three methodologies - Choice Experiments, Direct Question and Dichotomous Choice Question - were used to design questionnaires, and models were built for each questionnaire design method. When building models, a logit model was used, which is used most frequently in probabilistic choice model. And the tobitmodel was used to make direct questionnaires. When verifying these models, although there were some differences in each model, suitability of most models and credibility of each coefficient were meaningful around the credibility level of 95%. According to the analysis, domestic psychological cost produced through the assessment model of psychological cost was 15.63 million won per person or 5.1 trillion in total, assuming 37.1% of total traffic accident cost.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.26 no.6D
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• pp.945-950
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• 2006

In implementing transportation projects, benefits have been estimated using conventional benefit components. However, these components have a lot of assumptions and limitations for benefit estimations and thus it seems to be difficult to obtain values of parameters as well as to overlook benefits of non-market goods in calculation process. In other words, current benefit estimations are considered that can be solely measured by directly depending on traffic volumes. Existing economic analysis do not reflect the full benefits, including direct and indirect of the project implementations. To illustrate this fact, bicycle road construction can result in various functional benefits, including improved quality of life, balanced regional development, and good scenery composition. These benefits can not be explained with conventional economic analysis. The objective of this research is to estimate valuation of bicycle road construction using Contingent Valuation Method (CVM). CVM can evaluate user's direct willingness-to-pay as well as maximize bicycle utilization with balanced regional development. This research used the coastline bicycle road construction project for example. The proposed method can be well calculated or estimated benefits for non-market goods of bicycle road constructions using CVM.

• Journal of the Korean Regional Science Association
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• v.32 no.2
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• pp.3-13
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• 2016

This study is to analyze the feasibility of a project to digitalize the originals of cadastral maps of North Korea, a total of 299,688 sheets archived in South Korea's National Archives. The cost-benefit analysis is limited on the digitalization of the original cadastral maps of lands, woods and fields, information analysis on land attributes and platform construction, and the benefit analyses are divided into divided territory ones, namely intrinsic value, heritage value, direct and indirect utility value, military and strategic value and the foundation for inter-Korean unification, and post-unification ones such as the confirmation of ownerships, control of social conflicts, reconnection of family lines, arrangement of lot numbers, cadastral management and urban planning. Such benefits are estimated through the double-bound dichotomous choice of the contingent valuation method (CVM). The scenarios show that benefit in the divided territory is expected to reach 586.8billion won in the current value. The amount was calculated from the payable amount (7,925won) multiplied by the whole number of households. The post-unification benefit is estimated at 324.3billion to 594.1billion won as the payable amount (8,023won) is multiplied by the whole number of households.