This case study examines the proposed Edinburgh cordon charge scheme, which - despite earmarking revenues for use in the transport sector - was still defeated at a referendum. This research suggests that whilst earmarking revenues reduced the efficiency of the scheme compared to a first best...

Cost-benefit analysis has become a widely used and well developed tool for evaluation of suggested transport projects. This paper presents our view of the role and position of CBA in a transport planning process, partly based on a survey of a number of countries where CBA plays a formalised role...