The English version of this article can be found at: "http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2278415" http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2278415Die deutsche Version dieses Artikels finden Sie unter: "http://www.ssrn.com/abstract=2278383"...

This paper focuses on problems in megaproject policy and planning and their causes and possible cures. After considerations of methodology, the paper first identifies as a main problem in megaproject development pervasive misinformation about the costs, benefits, and risks involved. A...

Den svenska versionen av den här artikeln hittar du på: "http://www.ssrn.com/abstract=2278279" http://www.ssrn.com/abstract=2278279In what follows I will: (1) Argue that a major problem in megaproject policy and planning is the high level of misinformation about costs and benefits that...

This paper presents results from the first statistically significant study of traffic forecasts in transportation infrastructure projects. The sample used is the largest of its kind, covering 210 projects in 14 nations worth US$58 billion. The study shows with very high statistical significance...

This paper presents results from the first statistically significant study of traffic forecasts in transportation infrastructure projects. The sample used is the largest of its kind, covering 210 projects in 14 nations worth US $58 billion. The study shows with very high statistical significance...

This paper presents results from the first statistically significant study of traffic forecasts in transportation infrastructure projects. The sample used is the largest of its kind, covering 210 projects in 14 nations worth US $58 billion. The study shows with very high statistical significance...

In recent years the subject of decision making on large transport infrastructure projects and related institutional issues have received much attention in the academic and professional literature, partly triggered by the book Megaprojects and Risk (Flyvbjerg et al., 2003). This book shows that...

The Olympic Games are the largest, highest-profile, and most expensive megaevent hosted by cities and nations. Average sports-related costs of hosting are $12.0 billion. Non-sports-related costs are typically several times that. Every Olympics since 1960 has run over budget, at an average of 172...

Most cost-benefit analyses assume that the estimates of costs and benefits are more or less accurate and unbiased. But what if, in reality, estimates of costs and benefits are highly inaccurate and biased? Then the assumption that cost-benefit analysis is a rational way to improve resource...