Modelling of Transport Project Uncertainties: Feasibility Risk Assessment and Scenario Analysis
This paper proposes a new way of handling the uncertainties present in transport decision making based on infrastructure appraisals. The paper suggests to combine the principle of Optimism Bias, which depicts the historical tendency of overestimating transport related benefits and underestimating in...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
TU Delft Open
2012-01-01
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| Series: | European Journal of Transport and Infrastructure Research |
| Online Access: | https://journals.open.tudelft.nl/ejtir/article/view/2947 |