Using the Kaldor-Hicks Tableau to assess sustainability in cost-benefit analysis in transport: An example framework for rail transit

The research reviews relevant literature on sustainability, rail transit, and cost-benefit analysis in transport. Then, a Kaldor-Hicks Tableau is discussed and a framework for analyzing the implementation of a rail line to transit system is proposed. The stakeholders, costs, benefits, and transfers associated with such a project are then detailed. The Tableau and discussion allow for the definition and incorporation of sustainability components to assessment of the project. Implications for managerial practice and contributions to scholarly knowledge are discussed.