Assessment of large transport infrastructure projects : the CBA-DK model

• Published in: Transportation Research Part A: Policy and Practice
• Main Authors: Salling, K, Banister, D
• Format: Article in Journal/Newspaper
• Language: English
• Published: Elsevier 2016
• Subjects: Decision science; Commerce; Communications; Transport; Public policy; Greenland; Nuuk
• Online Access: https://doi.org/10.1016/j.tra.2009.08.001; https://ora.ox.ac.uk/objects/uuid:be3738b3-d3e2-4bee-818b-5caf8a0accc3

This paper presents a newly developed decision support model to assess transport infrastructure projects: CBA-DK. The model combines use of conventional cost–benefit analysis to produce aggregated single point estimates, with quantitative risk analysis using Monte Carlo simulation to produce interva...