Towards improved handling of uncertainty in cost-benefit analysis: addressing the ‘price-quality’ and ‘communication’ dilemmas
An important limitation of Cost-Benefit Analysis (CBA) is the inherent uncertainty in estimations of future welfare effects. In this paper, we argue that consideration of the ‘pricequality’ dilemma and the ‘communication’ dilemma is useful to explain and improve the handling of uncertainty in CBA. T...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
TU Delft Open
2015-06-01
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| Series: | European Journal of Transport and Infrastructure Research |
| Online Access: | https://journals.open.tudelft.nl/ejtir/article/view/3082 |