Evaluating Infrastructure Investment
From Financial Viability to Social Welfare
The book explains how to evaluate infrastructure projects using Cost–Benefit Analysis (CBA), combining welfare economics with the practical realities of public decision-making. Aimed at graduate students and practitioners, it treats infrastructure as both an economic good and a political choice, shaped by uncertainty, externalities, and distributional effects. It argues that CBA should guide real trade-offs—growth, equity, sustainability—rather than serve as a box-ticking exercise, and it provides a step-by-step structure supported by applied cases.
Author
Marco Percoco is Associate Professor of Economics of Infrastructure, Energy and the Environment in the Department of Social and Political Sciences at Bocconi University. He is the founder and former director of the Centre for Research on Geography, Resources, Environment, Energy and Networks (GREEN). His research focuses on infrastructure investment, sustainable mobility, and the energy transition.
Book Details
ISBN: 9791281627871
Pages: 152
Trade Paper: $24.95
