search query: @indexterm COST BENEFIT ANALYSIS / total: 335
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| Author: | Kidokoro, Y. |
| Title: | Cost-benefit analysis for transport networks: theory and application |
| Journal: | Journal of Transport, Economics and Policy
2004 : MAY, VOL. 38:2, p. 275-307 |
| Index terms: | cost benefit analysis infrastructures transport |
| Language: | eng |
| Abstract: | This article presents three ways in which a change in total benefit of an investment in transport infrastructure can be calculated: (a) the sum of changes in consumers' and producers' surpluses in all routes; (b) the sum of the changes in consumers' and producers' surpluses in the invested routes; and (c) the change in the total benefits in the first-best case a change in the deadweight loss in all routes. Applying method (c), the author demonstrates that the final benefits of distortion-relieving policies are simply the sum of a change in the deadweight loss in all routes. |
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