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Economic appraisal in Norwegian aviation

Bråthen, Svein, Knut S Eriksen, Harald M Hjelle and Marit Killi

Journal of Air Transport Management, 2000, vol. 6, issue 3, 153-166

Abstract: The Norwegian Civil Aviation Administration (NCAA) is responsible for investments and operations regarding the Norwegian airport system, and the air traffic management systems. This paper presents methods for economic appraisal in the aviation sector, proposed for use within the NCAA's jurisdiction. Methodological problems will be addressed, such as the handling of project risk and uncertainty, projects with mutual dependency, and projects influencing accident risks. The cost–benefit analysis methodology proposed here may give conflicting recommendations compared with financial analyses. This raises decision-making problems for public agencies like the NCAA.

Keywords: Cost–benefit; Aviation economics; Airport planning (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:6:y:2000:i:3:p:153-166

DOI: 10.1016/S0969-6997(00)00008-9

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