‘Value for Funding' (VfF) approach. This paper presents an example of a VfF approach applied to a specific topic, the risk …

positive risk-adjusted return. Moreover, China's track record in delivering infrastructure is no better than that of rich …

The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …

The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …

This paper proposes a novel method for estimating the traffic demand risk associated with transportation. Using … measure can be adapted in a flexible way to capture risk levels relevant for different investment horizons. We demonstrate the … timescale decomposition of risk with Swedish traffic demand data for 1950–2005. In general, rail transport shows a stronger co …