Kast, Robert <br/><br/>
Investment Decisions under Conditions of Sociopolitical Uncertainty: A Procedure for Evaluating Public Projects 

 -  2002.<br/>							 
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<br/><br/> Public choice processes have two dimensions, in that they must take account of economic aspects and the socio-political context in which they occur. Privileging one of the two dimensions inevitably leads to inefficiencies. The authors set out a two-stage experimental evaluation procedure based on two economic theories to evaluate the benefits of a given project taking socio-political aspects into account.