The Infrastructure We Ride On
Joseph Berechman
Broschiertes Buch

The Infrastructure We Ride On

Decision Making in Transportation Investment

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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 an...