Application of System Dynamics to Evaluate the Social and Economic Benefits of Infrastructure Projects

Cost-Benefit Analysis (CBA) is often employed to inform decision makers about the desirability of transport infrastructure investment options. One of the main limitations of traditional CBA approaches is that they do not provide a dynamic view that explicitly illustrates the cost and benefit relatio...

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Bibliographic Details
Main Authors: Tiep Nguyen, Stephen Cook, Vernon Ireland
Format: Article
Language:English
Published: MDPI AG 2017-03-01
Series:Systems
Subjects:
Online Access:http://www.mdpi.com/2079-8954/5/2/29