The set up of a transport system in a place generates inequalities in accessibility at the local, national or international level. This raises the problem of the unequal access to transport and local public goods, hereafter designated as the spatial inequity. In the assessment of transport...

We consider the problem of assigning agents to slots on a line, where only one agent can be served at a slot and each agent prefers to be served as close as possible to his target. Our focus is on utilitarian methods, i.e., those that minimize the total gap between targets and assigned slots. We...

This paper provides a brief overview of the options available for environmental valuation and is organised as follows. After an introduction, section 2 discusses the concept of total economic value that provides a framework for describing, in economic terms, the ways in which environmental...

Cost-benefit analysis (CBA), as a distinctive tool for public investment projects evaluation laying in the portfolio of the governmental authorities, strives to replicate the market in establishing economic standards for the measurement of their success, while the government’s actions are in...

The view that intergenerational distributive justice and efficiency should be treated separately is familiar, yet controversial. This article elaborates the often-implicit justifications for separate treatment and provides a more express statement of how and when such treatment is appropriate....