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Cost-benefit analysis according to Sen: An application in the evaluation of transport infrastructures in France

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  • Hyard, Alexandra
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    Abstract

    Made compulsory in France for major transport infrastructures, cost-benefit analysis is constantly being improved to achieve the best socio-economic evaluation possible. According to the philosopher and economist Amartya Sen, this analysis should meet two requirements: one ethical, the other democratic. We will examine the evaluation procedure in France and highlight the gap between its officially more democratic character and its still insufficiently ethical character, from the viewpoint of this dual requirement.

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    Bibliographic Info

    Article provided by Elsevier in its journal Transportation Research Part A: Policy and Practice.

    Volume (Year): 46 (2012)
    Issue (Month): 4 ()
    Pages: 707-719

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    Handle: RePEc:eee:transa:v:46:y:2012:i:4:p:707-719

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    Related research

    Keywords: Cost-benefit analysis; Amartya Sen; Transportation investment; Welfare economics;

    References

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    1. Robin Boadway, 1974. "A Note on the Welfare Foundations of Cost-Benefit Analysis," Working Papers 149, Queen's University, Department of Economics.
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