Cost-benefit analysis according to Sen: An application in the evaluation of transport infrastructures in France

Alexandra Hyard

Transportation Research Part A: Policy and Practice, 2012, vol. 46, issue 4, 707-719

Abstract: Made compulsory in France for major transport infrastructures, cost-benefit analysis is constantly being improved to achieve the best socio-economic evaluation possible. According to the philosopher and economist Amartya Sen, this analysis should meet two requirements: one ethical, the other democratic. We will examine the evaluation procedure in France and highlight the gap between its officially more democratic character and its still insufficiently ethical character, from the viewpoint of this dual requirement.

Keywords: Cost-benefit analysis; Amartya Sen; Transportation investment; Welfare economics (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (8)

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DOI: 10.1016/j.tra.2012.01.002

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