Political economy of transport investment, pricing and the use of resources

This thesis proposes that the theory underlying cost-benefit analysis (CBA) be strengthened in three respects - its treatment of social choice: quality of life and differentiated pricing. The summation across individuals in the Kaldor-Hicks test is argued to be a key weakness of CBA. Transport polic...

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Bibliographic Details
Main Author: Nellthorp, John
Published: University of Leeds 2011
Subjects:
388
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.598042