The benefits captured in an appraisal of a railway investment are determined by what timetables the analyst assumes in … timetables to assume, the appraisal outcome is virtually arbitrary. This means that appraisals of railway investments cannot be …-benefit analysis. We explain and illustrate the nature and extent of the problem, and discuss the practical consequences for appraisal …

transport appraisal and understanding travel behaviour. We summarize recent econometric advances, and show how these enable a … differentiated in appraisal, and provide recommended values for use in applied transport appraisal. …

One of the most common motivations for public transport investments is increased capacity. However, appraisal … unreliable waiting and travel times - can increase the generalized travel costs. The appraisal of capacity improvements requires … comprehensive framework for appraisal. A case study of a metro extension that partially replaces an overloaded bus network in …

This paper studies household car ownership in urban and rural areas in Sweden using register data for all adult Swedes … urban and rural households with respect to sensitivity of car ownership. The central result from comparing urban and rural … households is that rural households are less likely to exit from car ownership and more likely to increase car ownership than …