LEADER 03102nam  22004815  450 
001 9910299364803321
005 20220114191622.0
010   $a9783319746067
010   $a3319746065
024 7 $a10.1007/978-3-319-74606-7
035   $a(CKB)4100000003359340
035   $a(MiAaPQ)EBC5347280
035   $a(DE-He213)978-3-319-74606-7
035   $a(Perlego)3493360
035   $a(EXLCZ)994100000003359340
100   $a20180413d2018      u|         0
101 0 $aeng
135   $aurcnu||||||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 14$aThe Infrastructure We Ride On $eDecision Making in Transportation Investment /$fby Joseph Berechman
205   $a1st ed. 2018.
210  1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2018.
215   $a1 online resource (202 pages)
311 08$a9783319746050 
311 08$a3319746057 
327   $a1. Introduction -- 2. Infrastructure Needs and Reality -- 3. The Dubious Status of Formal Project Evaluation Procedures -- 4. Inferior and Unworthy Transportation Mega-Projects -- 5. Inaccuracies in Cost and Demand Forecasts -- 6. Mega-Project History and Decision-Making -- 7. Interest Groups: Advocacy and Opposition -- 8. The Decisive Role of Project Funding -- 9. Overseeing Institutions -- 10. Alternative Decision Criteria: Equity, Economic Development, and Environmental Externalities -- 11. Why Unworthy Mega-Projects?.
330   $aThis 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.
606   $aFinance, Public
606   $aPolitical planning
606   $aPublic Economics
606   $aPublic Policy
615  0$aFinance, Public.
615  0$aPolitical planning.
615 14$aPublic Economics.
615 24$aPublic Policy.
676   $a350.86
700   $aBerechman$b Joseph$4aut$4http://id.loc.gov/vocabulary/relators/aut$0480177
906   $aBOOK
912   $a9910299364803321
996   $aThe Infrastructure We Ride On$92543181
997   $aUNINA