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"This book explores fundamental questions about the very idea of demand: how it is constituted, how it changes and how it might be steered. Conceptualising Demand: A Distinctive Approach to Consumption and Practice explores five core propositions: that demand is derived from social practices,...
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Cost Benefit Analysis, and the measures of economic performance that can be derived from it (see Note 6: When and How to Use NPV, IRR and Adjusted IRR), is the preferred method for demonstrating the economic justification of transport investments. Such an approach, however, relies on the ability...
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Historically, road vehicle operating costs have tended to dominate highway economic appraisals in developing countries, due to the poor road surfaces that can occur there. The operating costs of railways and ports are also substantial, and form key components of cost benefit analyses of their...
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