Cost benefit analysis to assess modular investment: the case of the New Turin-Lyon Railway
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References listed on IDEAS
- Robert McDonald & Daniel Siegel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 707-727.
- Short, Jack & Kopp, Andreas, 2005. "Transport infrastructure: Investment and planning. Policy and research aspects," Transport Policy, Elsevier, vol. 12(4), pages 360-367, July.
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- Massiani, Jérôme & Maltese, Ila, 2022. "Thirty years of socio-economic evaluation of the Lyon–Turin High–Speed rail project," Research in Transportation Economics, Elsevier, vol. 94(C).
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More about this item
Keywords
cost benefit analysis; option value; optimism bias; strategic misrepresentation; benefit shortfall; planning fallacy; forecasting;All these keywords.
JEL classification:
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
- R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FOR-2011-04-30 (Forecasting)
- NEP-PPM-2011-04-30 (Project, Program and Portfolio Management)
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