Trams, an option for the future? Critical Analysis of the Lund Tramway’s Original Demand Forecast
This thesis performs a critical evaluation of the original Cost-Benefit Analysis (CBA) of the Lund tramway project, focusing on its adherence to the then-current Swedish national appraisal guidelines (ASEK 5) and the accuracy of its demand forecasts. An updated demand forecast and monetary valuation of time savings are constructed and compared to the original CBA projections by using empirical pas
