Supplementing benefit-cost analysis: Models for transportation and land use decisions
Emile Quinet
Chapter 14 in Teaching Benefit-Cost Analysis, 2018, pp 168-179 from Edward Elgar Publishing
Abstract:
This chapter is devoted to models for transport, trade and land use decisions. They complement traditional benefit-cost analyses (BCA) insofar as they allow describing the distribution of effects and coping with market imperfections such as externalities and market powers. They can be classified according to several types: dynamic or static, taking into account or not the land market, and also ranked according to their degree of complexity. Their use for BCA is presented, along with some recommendations on how they can help to assess projects and schemes.
Keywords: Economics and Finance; Teaching Methods (search for similar items in EconPapers)
Date: 2018
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