Assessment of large transport infrastructure projects: The CBA-DK model

@article{Salling2008AssessmentOL,
  title={Assessment of large transport infrastructure projects: The CBA-DK model},
  author={K. B. Salling and David Banister},
  journal={2008 First International Conference on Infrastructure Systems and Services: Building Networks for a Brighter Future (INFRA)},
  year={2008},
  pages={1-6}
}
The scope of this paper is to present a newly developed decision support model to assess transport infrastructure projects: CBA-DK. The model makes use of conventional cost-benefit analysis resulting in aggregated single point estimates and quantitative risk analysis using Monte Carlo simulation resulting in interval results. The embedded uncertainties within traditional CBA such as ex-ante based investment costs and travel time savings are of particular concern. The methodological approach has… CONTINUE READING
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