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There is an increasing demand for transport decisions to be made in thelight of some form of what may generically be called cost benefit analysis(CBA). The actual techniques may vary and often deviate quite significantlyfrom the conventional economic concept of CBA but in all cases theprocedures...
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cost-benefit analysis (CBA). In democratic project selection processes, however, decision-makers cannot generally interpret … CBA as measuring projects' social welfare effects. The reason is partly that decision-makers' views of the good society … distribution is even less straightforward in democratic than in dictatorial decision-making processes. …
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