Appraising Transformational Projects: The Case of the Grand Paris Express
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper starts from the premise that the scope of the appraisal of transport projects should depend upon the presence (or absence) of various forms of market failure. It reviews the purposes and processes of transport appraisal before setting out a typology of market failures. Then it examines what distinguishes marginal, non-marginal and...
