Gines de Rus – författare
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Key features include:
A comprehensive overview of the philosophy of the Cost-Benefit Analysis approach to appraisal to engage students with a basic model for informing responsible decision-makingExpert blending of relevant case studies with insightful analysis, enabling students to see the model''s application to real-world scenariosAn accessible and readable style, which encourages classroom discussions as well as insights for the practical application of this economic tool.Introduction to Cost-Benefit Analysis is an ideal textbook for graduate and advanced undergraduate students of economics, engaging with important ideas and the latest thinking in the field. It will also benefit economists and practitioners involved in the economic evaluation of projects.
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This book summarizes and assesses the evidence from the experiences of rail reform in Europe, Latin America, and the United States. In short, the book reveals that no one approach has proven to be best across a wide variety of circumstances. It highlights how unbundling (separating infrastructure from train operations so that independent train operators could compete over common tracks) although attractive in theory, has so far proved complex to implement and delivered only some of the promised benefits. Privatization and deregulation have had more demonstrated success in the freight systems of North and South America, but are still largely untested in the more complex railway networks of Europe. The evidence is arguably slightly stronger for privatization and deregulation than for unbundling, but the jury is still out.
Competition in the Railway Industry is invaluable in that it compares the strategies and experiences of different countries in introducing competition in railways, rather than simply focusing on one country and its approach. As such, it will appeal greatly to those in industry and government interested in railway policy and performance, and privatization and deregulation of utilities more generally. It will also appeal to academics and researchers of public sector, transport and industrial organization.
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Overall, this book is an excellent resourcefor students, practitioners, and policymakers involved in transport economics and evaluation, as it provides a comprehensive understanding of the principles and applications of CBA in the transport sector.