Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192153 
Authors: 
Year of Publication: 
1996
Series/Report no.: 
Discussion Papers No. 169
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
Members of the Norwegian Parliament were interviewed about the decision process concerning national road investments. Most of them found cost-benefit analysis useful, but apparently not as a device for ranking projects. Rather, the cost-benefit ratio was used to pick project proposals requiring political attention among the large number of projects included in the plan. However, information about project-related local conflicts seemed to be used much more extensively for this latter purpose. Attitudes towards cost-benefit analysis varied along the left-right political axis. These findings are shown to be consistent with a hypothesis that politicians rationally maximize subjective perceptions of social welfare.
Subjects: 
Road investments
cost-benefit analysis
political decision process.
JEL: 
D61
D72
D78
H54
Document Type: 
Working Paper
Document Version: 
Digitized Version

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