Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
On timetable assumptions in railway investment appraisal
KTH, Centrum för transportstudier, CTS.ORCID iD: 0000-0003-1789-9238
KTH, Centrum för transportstudier, CTS.ORCID iD: 0000-0001-9235-0232
2014 (English)In: Transport Policy, ISSN 0967-070X, E-ISSN 1879-310X, Vol. 36, 118-126 p.Article in journal (Refereed) Published
Abstract [en]

The benefits captured in an appraisal of a railway investment are determined by what timetables the analyst assumes in the scenarios with and without the investment Without an explicit, objective and verifiable principle for which timetables to assume, the appraisal outcome is virtually arbitrary. This means that appraisals of railway investments cannot be compared to each other, and opens the door for strategic behaviour by stakeholders conducting seemingly objective cost-benefit analysis. We explain and illustrate the nature and extent of the problem, discuss possible timetable construction principles, and show that current practice is likely to exaggerate appraisal benefits.

Place, publisher, year, edition, pages
2014. Vol. 36, 118-126 p.
Keyword [en]
Cost-benefit analysis, Appraisal, Railway investments, Timetables
National Category
Transport Systems and Logistics
Identifiers
URN: urn:nbn:se:vti:diva-12387DOI: 10.1016/j.tranpol.2014.08.008ISI: 000345810100012Scopus ID: 2-s2.0-84907525401OAI: oai:DiVA.org:vti-12387DiVA: diva2:1139100
Note

QC 20150109

Available from: 2017-09-06 Created: 2017-09-06

Open Access in DiVA

No full text

Other links

Publisher's full textScopus

Search in DiVA

By author/editor
Eliasson, JonasBörjesson, Maria
In the same journal
Transport Policy
Transport Systems and Logistics

Search outside of DiVA

GoogleGoogle Scholar

Altmetric score

CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf