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...

Introduction -- Cost-benefit analysis of transport projects: Theoretical framework and practical rules -- Cost-benetif analysis of transport investments: An application to high-speed rail investments -- The consequences of pricing policies on investment decisions: An application to high-speed...