This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

Tourism is becoming an important sector with a great impact on economic development. Tourists form a heterogeneous group of visitors with significantly different spending patterns. This paper addresses the economic importance of a particular class of tourists, viz. those visiting friends and...

Tourism is becoming an important sector with a great impact on economic development. Tourists form a heterogeneous group of visitors with significantly different spending patterns. This paper addresses the economic importance of a particular class of tourists, viz. those visiting friends and...