This Round Table is one of a series of research events to discuss tools to improve transport planning. It addressed the macroeconomic effects of transport infrastructure policies, and aimed at identifying analytical and empirical tools that could determine the overall volume of public...

Cost-benefit analysis (CBA) is indispensable for making good decisions on what transport projects to fund. It essentially aims to figure out which projects offer the best value for money. However, the practical relevance of CBA does not always live up to its appeal in principle. One problem is...