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Chapter 4 provides a review of the main analytical tools that should be used in the process of railway investments appraisal. Namely, a detailed description of discounting, Net Present Value (NPV), Internal Rate of Return (IRR) and Cost Benefit Analysis (CBA) is covered by this chapter.
Chapter 5 contains a comprehensive review of methods for time series analysis. Special emphasis is given to the application of these techniques to railway demand modelling.