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Cost benefit analysis to assess modular investment: the case of the New Turin Lyon Railway

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Figure

Figure 1 – Traffic and capacity in the “build together now” scenario.
Figure 2 – Traffic and capacity in the “build separate upon switching rule” scenario.
Table 1 – Fictional examples of maximum build together costs for the “build together now” alternative to perform better than the “build separate upon switching rule” alternative
Figure 3 – Variation of NPV net present value of the “build together now” and “build separate upon switching
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