Team
The team was led by R. J. Smeed, the deputy director of the British Transport and Road Research Laboratory and included 11 economists and engineers, including:
- Smeed, a noted statistician and transport planner, credited with identifying 'Smeed's law' that describes motorists' tolerance towards speed and risk. He observed that drivers would not go out if traffic speeds fell below 9 mph; but if speeds rose, more would drive until they caused more congestion.
- Gabriel Roth, a noted road transport economist.
- Michael Edwin Beesley, a pioneer of Cost Benefit Analysis techniques whose key innovation was the valuation that people give to their time.
Read more about this topic: Smeed Report
Famous quotes containing the word team:
“They’re two good old friends of mine. I call them Constitution and The Bill of Rights. A most dependable team for long journeys. Then I’ve got another one called Missouri Compromise. And a Supreme Court—a fine, dignified horse, though you have to push him on every now and then.”
—Dan Totheroh (1895–1976)
“Romeo. I dreamt a dream tonight.
Mercutio. And so did I.
Romeo. Well, what was yours?
Mercutio. That dreamers often lie.
Romeo. In bed asleep, while they do dream things true.
Mercutio. O then I see Queen Mab hath been with you.
She is the fairies’ midwife, and she comes
In shape no bigger than an agate stone
On the forefinger of an alderman,
Drawn with a team of little atomi
Over men’s noses as they lie asleep.”
—William Shakespeare (1564–1616)
“I doubt if men ever made a trade of heroism. In the days of Achilles, even, they delighted in big barns, and perchance in pressed hay, and he who possessed the most valuable team was the best fellow.”
—Henry David Thoreau (1817–1862)