The Infrastructure We Ride On

Decision Making in Transportation Investment

Business & Finance, Economics, Public Finance, Nonfiction, Social & Cultural Studies, Political Science, Government, Public Policy
Cover of the book The Infrastructure We Ride On by Joseph Berechman, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Joseph Berechman ISBN: 9783319746067
Publisher: Springer International Publishing Publication: April 13, 2018
Imprint: Palgrave Macmillan Language: English
Author: Joseph Berechman
ISBN: 9783319746067
Publisher: Springer International Publishing
Publication: April 13, 2018
Imprint: Palgrave Macmillan
Language: English

This book explores the various economic and institutional factors that explain why huge investments are made in unworthy transportation mega-projects in the US and other countries. It is based on research, the general literature, economic analyses, and results from a specifically collected database showing that a significant proportion of implemented mega-projects have been found to be inferior ex-ante or incapable of delivering the returns they promised ex-post. Transportation infrastructure and other public investments of a similar scope (“mega-projects”) reflect public sector priorities and objectives, non-pecuniary as well as financial constraints, and a range of decision-making processes. This book describes how decisions made in the public sector with respect to transportation infrastructure investments are affected by the large populations and territories they serve, the estimation of the substantial opportunity costs they entail, the formal procedures instituted for quantitatively appraising projected outcomes and monetary returns, and the political environment in which these decisions are made.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book explores the various economic and institutional factors that explain why huge investments are made in unworthy transportation mega-projects in the US and other countries. It is based on research, the general literature, economic analyses, and results from a specifically collected database showing that a significant proportion of implemented mega-projects have been found to be inferior ex-ante or incapable of delivering the returns they promised ex-post. Transportation infrastructure and other public investments of a similar scope (“mega-projects”) reflect public sector priorities and objectives, non-pecuniary as well as financial constraints, and a range of decision-making processes. This book describes how decisions made in the public sector with respect to transportation infrastructure investments are affected by the large populations and territories they serve, the estimation of the substantial opportunity costs they entail, the formal procedures instituted for quantitatively appraising projected outcomes and monetary returns, and the political environment in which these decisions are made.

More books from Springer International Publishing

Cover of the book Software Engineering and Formal Methods by Joseph Berechman
Cover of the book Consumption-Based Approaches in International Climate Policy by Joseph Berechman
Cover of the book Extreme Weather, Health, and Communities by Joseph Berechman
Cover of the book Quantum Communications by Joseph Berechman
Cover of the book Software Engineering Research, Management and Applications by Joseph Berechman
Cover of the book Linguistic Linked Open Data by Joseph Berechman
Cover of the book Atlas of Head and Neck Robotic Surgery by Joseph Berechman
Cover of the book The Digital City and Mediated Urban Ecologies by Joseph Berechman
Cover of the book Optimization of Stochastic Discrete Systems and Control on Complex Networks by Joseph Berechman
Cover of the book Regional Trajectories of Entrepreneurship, Knowledge, and Growth by Joseph Berechman
Cover of the book The Ebola Pandemic in Sierra Leone by Joseph Berechman
Cover of the book Hadamard States from Light-like Hypersurfaces by Joseph Berechman
Cover of the book Fuzzy Graph Theory by Joseph Berechman
Cover of the book Education Tools for Entrepreneurship by Joseph Berechman
Cover of the book Enterprise Resource Planning by Joseph Berechman
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy