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

  • Hyard, Alexandra
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    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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    File URL: http://www.sciencedirect.com/science/article/pii/S0965856412000031
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    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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    1. Amartya Sen, 1996. "Maximization and the Act of Choice," Harvard Institute of Economic Research Working Papers 1766, Harvard - Institute of Economic Research.
    2. Sen, Amartya, 2000. "The Discipline of Cost-Benefit Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 29(2), pages 931-52, June.
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    7. Mishan, E J, 1974. "Flexibility and Consistency in Project Evaluation," Economica, London School of Economics and Political Science, vol. 41(161), pages 81-96, February.
    8. Gao, Song & Frejinger, Emma & Ben-Akiva, Moshe, 2011. "Cognitive cost in route choice with real-time information: An exploratory analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(9), pages 916-926, November.
    9. Mishan, Ezra J, 1976. "The Use of Compensating and Equivalent Variations in Cost-Benefit Analysis," Economica, London School of Economics and Political Science, vol. 43(17), pages 185-97, May.
    10. Quinet, E., 2000. "Evaluation methodologies of transportation projects in France," Transport Policy, Elsevier, vol. 7(1), pages 27-34, January.
    11. Rotaris, Lucia & Danielis, Romeo & Marcucci, Edoardo & Massiani, Jérôme, 2010. "The urban road pricing scheme to curb pollution in Milan, Italy: Description, impacts and preliminary cost-benefit analysis assessment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(5), pages 359-375, June.
    12. John V. Krutilla, 1961. "Welfare Aspects of Benefit-Cost Analysis," Journal of Political Economy, University of Chicago Press, vol. 69, pages 226.
    13. Arnold C. Harberger, 1978. "On the Use of Distributional Weights in Social Cost-Benefit Analysis," NBER Chapters, in: Research in Taxation, pages 87-120 National Bureau of Economic Research, Inc.
    14. E. J. Mishan, 1952. "The Principles of Compensation Reconsidered," Journal of Political Economy, University of Chicago Press, vol. 60, pages 312.
    15. El-Hifnawi, M. B., 2002. "Cross-town bus routes as a solution for decentralized travel: a cost-benefit analysis for Monterrey, Mexico," Transportation Research Part A: Policy and Practice, Elsevier, vol. 36(2), pages 127-144, February.
    16. Robin Boadway, 1974. "A Note on the Welfare Foundations of Cost-Benefit Analysis," Working Papers 149, Queen's University, Department of Economics.
    17. Greene, David L. & Duleep, K. G., 1993. "Costs and benefits of automative fuel economy improvement: A partial analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 27(3), pages 217-235, May.
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