Peter Aalen
Peter Aalen is a senior manager at Menon Economics and an experienced project manager with specialized expertise in socio-economic methodology and evaluations, as well as deep sector knowledge in transportation. He has led, conducted, and designed socio-economic analyses across a broad range of topics and has over ten years of experience ensuring high-quality, consistent, and decision-relevant socio-economic assessments and evaluations.
Peter has extensive knowledge of the government’s project model and broad experience with assessments of large-scale public investments at all planning stages, including KVU, KS1, KS2, KDP, and post-evaluations. A key theme in his work is his strong understanding of applied economics and his focus on minimizing uncertainty in recommending the most effective measures within project resource constraints.
He actively contributes to enhancing quantification of impacts, uncertainty analysis, and innovative methodological development, with a continuous focus on identifying what is necessary to reach the right conclusion while working within the project’s limitations. For example, in the KS1 assessment of a new road usage tax system, Peter significantly improved the decision-making foundation by ensuring a more consistent treatment of non-priced effects such as privacy concerns and by conducting a comprehensive uncertainty analysis of costs and benefits.
Peter also possesses strong sector expertise in transportation, transport analysis, and the modeling tools used in infrastructure project assessments. He has contributed to or led numerous post-evaluations of transport projects for the Concept Research Program at NTNU, dozens of KS1 and KS2 assessments within transportation, and several multi-year Research Council-funded projects at the intersection of socio-economics and transport analysis.
Peter holds a Master’s degree in Economics from the University of Oslo, with an exchange semester at Humboldt University in Berlin.

Peter Aalen is a senior manager at Menon Economics and an experienced project manager with specialized expertise in socio-economic methodology and evaluations, as well as deep sector knowledge in transportation. He has led, conducted, and designed socio-economic analyses across a broad range of topics and has over ten years of experience ensuring high-quality, consistent, and decision-relevant socio-economic assessments and evaluations.
Peter has extensive knowledge of the government’s project model and broad experience with assessments of large-scale public investments at all planning stages, including KVU, KS1, KS2, KDP, and post-evaluations. A key theme in his work is his strong understanding of applied economics and his focus on minimizing uncertainty in recommending the most effective measures within project resource constraints.
He actively contributes to enhancing quantification of impacts, uncertainty analysis, and innovative methodological development, with a continuous focus on identifying what is necessary to reach the right conclusion while working within the project’s limitations. For example, in the KS1 assessment of a new road usage tax system, Peter significantly improved the decision-making foundation by ensuring a more consistent treatment of non-priced effects such as privacy concerns and by conducting a comprehensive uncertainty analysis of costs and benefits.
Peter also possesses strong sector expertise in transportation, transport analysis, and the modeling tools used in infrastructure project assessments. He has contributed to or led numerous post-evaluations of transport projects for the Concept Research Program at NTNU, dozens of KS1 and KS2 assessments within transportation, and several multi-year Research Council-funded projects at the intersection of socio-economics and transport analysis.
Peter holds a Master’s degree in Economics from the University of Oslo, with an exchange semester at Humboldt University in Berlin.