Department Chair

Frederick Floss, Ph.D.

Date of Award


Access Control

Open Access

Degree Name

Applied Economics, M.A.


Economics and Finance Department


Bruce Fisher, Ph.D.

Department Home page

First Reader

Bruce Fisher, Ph.D.

Second Reader

Frederick Floss, Ph.D.

Third Reader

Nicole Hunter, Ph.D.


In about 30 of the largest 300 US metro areas, fixed-rail electric streetcars have been reintroduced or refurbished after 75 years of policy favoring petroleum-powered buses. Unlike buses, new streetcar systems are designed to enhance or regenerate economic activity along their routes in urban centers that lack the population density to support subway systems. This paper assesses the criteria utilized by the US Department of Transportation in its decision-making process for supporting streetcar projects. Using multi-factor cost-benefit analysis, a model of a potential streetcar reintroduction for Buffalo, New York is presented.