ECONOMICS OF ENGINEERING PUBLIC WORKS

Introduction A New Approach in Engineering Economics

Engineering economy set of mathematical techniques for economic evaluation of investment projects that present value and internal rate of return method are among the most important of these methods. Managers and investors have many reasons to using internal rate of return greater willingness shown. This is while the serious problems associated with using internal rate of return method. In recen...

Public works and social protection in sub-Saharan Africa Do public works work for the poor?

Climate Engineering Economics ∗

This article reviews and evaluates the nascent literature on the economics of climate engineering. The literature distinguishes between two broad types of climate engineering: solar radiation management and carbon dioxide removal. We review the science and engineering characteristics of these technologies and analyze the implications of those characteristics on economic policy design. We discus...

Behavioural Public Economics : Extended

Alós-Ferrer and Granić (2012) present results from two *eld experiments on electoral reform, which were carried out alongside o-cial state and federal elections in Germany, in 2008 and 2009, respectively. Electors who had voted in the o-cial elections, which used the mixed-member proportional representation (MMPR) system, were given the opportunity to vote in an experimental election using the ...

Underestimating Costs in Public Works Projects

Comparative studies of actual and estimated costs in transportation infrastructure development are few. Where such studies exist, they are typically single-case studies or they cover a sample of projects too small to allow systematic, statistical analyses (Bruzelius et al., 1998; Fouracre et al., 1990; Hall, 1980; Nijkamp & Ubbels, 1999; Pickrell, 1990; Skamris & Flyvbjerg, 1997; Szyliowicz & G...