Risk in Transport investments

We discuss how the standard Cost-Benefit Analysis should be modified in order to take risk (and uncertainty) into account. We propose different approaches used in finance (Value at Risk, Conditional Value at Risk, Downside Risk Measures, and Efficiency Ratio) as useful tools to model the impact of r...

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Bibliographic details
Main Author: Picard, Nathalie
Andrieu, Laetitia
de Palma, André
Format: Paper
Language: English
Place of publication: 2007
Related: THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
Data of publication: 2007
Series: THEMA Working Papers
Subjects:
Online Access: available in Bonn?
Database: RePEc IDEAS
RePEc
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