Traditional program evaluation of transport investment tends to focus on relatively narrow measures of market benefit (e.g. a transport project's reductions in travel-times that will be generated for travelers). In many cases benefit measures such as these are more than sufficient, especially...

Australia is facing a potentially huge need for investment in infrastructure investment in the coming decades to deal with growing population, shifting economic and demographic patterns, and adaptation to sea level rise and other effects of climate change. There is, however, an institutional...