The Infrastructure We Ride On PDF
By:Joseph Berechman
Published on 2018-04-13 by Springer
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.
This Book was ranked at 7 by Google Books for keyword Transportation.
Book ID of The Infrastructure We Ride On's Books is rqlVDwAAQBAJ, Book which was written byJoseph Berechmanhave ETAG "E8lKhGgoz6Y"
Book which was published by Springer since 2018-04-13 have ISBNs, ISBN 13 Code is 9783319746067 and ISBN 10 Code is 3319746065
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Book which have "194 Pages" is Printed at BOOK under CategoryBusiness and Economics
Book was written in en
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