Transport Project Evaluation: Extending the Social Cost-Benefit Approach

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9781847203793: Transport Project Evaluation: Extending the Social Cost-Benefit Approach
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This book revisits traditional evaluation methods, such as cost-benefit analysis, to try and find a balance between the ever-increasing demand for transport, the search for sustainable mobility and green transport solutions, and the limited financial resources that governments are able to invest in transport infrastructure projects. In this respect, the effects of transport policy need to be measured and evaluated based on multiple criteria and the need to take into consideration a larger group of stakeholders and investors in transport projects. The book illustrates, methodologically and empirically, why and how the institutional and multi-actor environment impacts upon the analysis, evaluation and decision-making of transport projects in Europe. Including contributions from scholars with considerable expertise in the field, this book will be of great interest to consultants, policymakers and researchers.

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Edited by Elvira Haezendonck, University of Brussels (VUB) and University of Antwerp (UA), Belgium

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`This book should be of interest to specialized planners and economists involved in transport project evaluations who want a current report on how their colleagues are improving current practices and are willing to wade through various papers. People interested in these issues will surely find many interesting bits of information. It is suitable for a graduate studies seminar that focuses on these issues.' -- Todd Litman and Iona To, Journal of Transport Geography `This timely book puts transport cost-benefit analysis in a wider, institutional perspective, relating it in particular to decision making. The book will be of interest to practitioners, consultants and academics who are active in the evaluation of transport projects.' -- Erik T. Verhoef, VU University Amsterdam, The Netherlands `This is an important piece of work on project evaluation. An attractive feature is the balanced treatment of theory and application. The book provides very useful information on efforts of national governments in various countries to increase the quality of project evaluation studies by formulating guidelines for project evaluation. One of the strong points of the book is that it does not only address technical aspects of project evaluation tools, but also the institutional structures within which decisions are taken.' -- Piet Rietveld, Vrije Universiteit and Tinbergen Institute, Amsterdam, The Netherlands

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