2014
DOI: 10.1016/j.retrec.2014.09.013
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Transport appraisal revisited

Abstract: Cost-benefit analysis has become a widely used and well developed tool for evaluation of suggested transport projects. This paper presents our view of the role and position of CBA in a transport planning process, partly based on a brief survey of a number of countries where CBA plays a formalised role in decision making. The survey shows that methodologies, valuations and areas of application are broadly similar across countries. All countries place the CBA results in a comprehensive assessment framework that … Show more

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Cited by 117 publications
(104 citation statements)
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“…Summary and Conclusions -Discussion Paper 2013-24 -© OECD/ITF 2013 not always recognised in the cost benefit guidelines for other countries (see Mackie and Worsley (2013)). …”
Section: Comparing the Positive And Negative Impacts Of Airport Expanmentioning
confidence: 99%
“…Summary and Conclusions -Discussion Paper 2013-24 -© OECD/ITF 2013 not always recognised in the cost benefit guidelines for other countries (see Mackie and Worsley (2013)). …”
Section: Comparing the Positive And Negative Impacts Of Airport Expanmentioning
confidence: 99%
“…Mackie et al 2014;Naess et al 2014). The widespread application of CBA explains the voluminous literature examining the method.…”
Section: Introductionmentioning
confidence: 99%
“…Well-informed, sound and balanced decision-making is at the heart of sustainable transport planning (Hrelja et al, 2013). As an example of this, Mackie, Worsley, and Eliasson (2014) describe the role of appraisal in decision-making and note that potential biases stemming from the human cognitive ability ought to be remedied by the use of analysis. Research has identified the lack of studies focusing on the opinions of decision-makers and policy makers about appraisal methods (Annema, Mouter, & Razaei, 2015).…”
Section: Introductionmentioning
confidence: 99%