Using the Logsum as an Evaluation Measure : literature and case study

Presentation of the outcome of a project, consisting of two parts: -a review of the literature on the of logsums as a measure of consumer surplus change in project assessment; and -a case study with the LMS in which three methods are compared for a specific project (Rondje Randstad: additional high speed and intercity trains connecting the four main cities in the Randstad: Amsterdam, The Hague, Rotteram and Utrecht). The tree methods are: -the classic CBA approach; -the improved classic CBA approach; and -the logsum approach.