Incomplete cost – incomplete benefit analysis in transport appraisal
This paper examines the current application of transport appraisal in the UK, in particular exploring the partiality of cost–benefit analysis (CBA) within the wider multi-criteria analysis (MCA) process. It argues that applying a quantitative assessment of the varied impacts of complex transport projects can only be partial within the CBA. Analysis can overlook social, human life, environmental and built environment impacts, and projects can be inconsistent with the planning strategy for an area. The application of CBA is critically reviewed using two case studies: the proposed upgrade of the South Fylde railway line and the Heysham-M6 Link Road, both from North West England. A participatory MCA process is suggested to help improve the process of transport appraisal, as part of an improved public debate on transport investment priorities.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/7802200
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Supplemental Notes:
- © 2017 Informa UK Limited, trading as Taylor & Francis Group. Abstract republished with permission of Taylor & Francis.
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Authors:
- Hickman, Robin
- Dean, Marco
- Publication Date: 2018-11
Language
- English
Media Info
- Media Type: Digital/other
- Features: Figures; Maps; References;
- Pagination: pp 689-709
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Serial:
- Transport Reviews
- Volume: 38
- Issue Number: 6
- Publisher: Routledge
- ISSN: 0144-1647
- EISSN: 1464-5327
- Serial URL: http://www.tandfonline.com/loi/ttrv20
Subject/Index Terms
- TRT Terms: Appraisals; Benefit cost analysis; Case studies; Literature reviews; Multiple criteria decision making
- Geographic Terms: United Kingdom
- Subject Areas: Economics; Planning and Forecasting; Transportation (General);
Filing Info
- Accession Number: 01682594
- Record Type: Publication
- Files: TRIS
- Created Date: Oct 2 2018 5:19PM