Economic calculation, and especially cost benefit analysis (Coba), is more and more criticised and accused to be technocratic and partial, leading to a narrow view of projects. An example of this loss of credibility is the New Approach To Appraisal (NATA), implemented in Great Britain at the end...

The main objective of this paper is ‘to assess the conditions, including policy support, under which innovative concepts have a high chance of getting adopted and being successful’. The work will start from the state-of-the-art with the following goals targeted. Firstly, to identify the...

This paper assesses the impact of European rail transport regulation in the past 25 years. It highlights competition as a necessary condition to overcome the inertia of legacy railway operators, but argues that competition is not sufficient to increase efficiency when they feel protected by the...