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Using stated preference data collected among Dutch respondents, this paper explores the effects of kilometre and cordon charges on the decision to move house or change jobs. About 5 per cent of the respondents indicated a reasonably high probability of moving house if a road pricing measure were...
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Lock-in, the escalating commitment of decision makers to an ineffective course of action, has the potential to explain the large cost overruns in large-scale transportation infrastructure projects. Lock-in can occur both at the decision-making level (before the decision to build) and at the...
Persistent link: https://www.econbiz.de/10008675381
Lock-in, the escalating commitment of decision-makers to an ineffective course of action, has the potential to explain the large cost overruns in large scale transportation infrastructure projects. Lock-in can occur both at the decision-making level (before the decision to build) and at the...
Persistent link: https://www.econbiz.de/10010674721
Managing large-scale transportation infrastructure projects is difficult due to frequent misinformation about the costs which results in large cost overruns that often threaten the overall project viability. This paper investigates the explanations for cost overruns that are given in the...
Persistent link: https://www.econbiz.de/10010674724
Because of the prominent position of urban rail in reducing urban transport-related problems, such as congestion and air pollution, insights into the costs of possible new urban rail projects is very relevant for those involved with cost estimations, policy makers, cost-benefit analysts, and...
Persistent link: https://www.econbiz.de/10010633148
This paper provides a systematic overview of the attitudes of key actors in the Dutch Cost–Benefit Analysis (CBA) practice towards the role of CBA in the decision-making process for spatial-infrastructure projects. The main aim of this paper is to scrutinize the extent to which there is...
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