Transport Project Evaluation: Extending the Social Cost-Benefit Approach

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 means 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 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 the analysis, evaluation and decision making as regards transport (infrastructure) projects in Europe.