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Bent Flyvbjerg

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Bent Flyvbjerg & Alexander Budzier & Jong Seok Lee & Mark Keil & Daniel Lunn & Dirk W. Bester, 2022. "The Empirical Reality of IT Project Cost Overruns: Discovering A Power-Law Distribution," Papers 2210.01573, arXiv.org.

    Cited by:

    1. Andrea Migone & Alexander Howlett & Michael Howlett, 2023. "The politics of military megaprojects: discursive struggles in Canadian and Australian naval shipbuilding strategies," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 42(2), pages 226-244.
    2. Yuyu Chen & Paul Embrechts & Ruodu Wang, 2024. "Risk exchange under infinite-mean Pareto models," Papers 2403.20171, arXiv.org.

  2. Bent Flyvbjerg & Dirk W. Bester, 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Papers 2112.03171, arXiv.org.

    Cited by:

    1. Thomas H. Douthat & Fahmida Akhter & Rachelle Sanderson & Jerrod Penn, 2023. "Stakeholder Perceptions about Incorporating Externalities and Vulnerability into Benefit–Cost Analysis Tools for Watershed Flood Risk Mitigation," Sustainability, MDPI, vol. 15(9), pages 1-23, May.
    2. Ryan, Jean & Martens, Karel, 2023. "Defining and implementing a sufficient level of accessibility: What’s stopping us?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 175(C).

  3. Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2020. "Regression to the Tail: Why the Olympics Blow Up," Papers 2009.14682, arXiv.org.

    Cited by:

    1. Bent Flyvbjerg, 2021. "Four Ways to Scale Up: Smart, Dumb, Forced, and Fumbled," Papers 2101.11104, arXiv.org.
    2. Sven Daniel Wolfe, 2023. "Building a better host city? Reforming and contesting the Olympics in Paris 2024," Environment and Planning C, , vol. 41(2), pages 257-273, March.
    3. Carl Singleton & J. James Reade & Johan Rewilak & Dominik Schreyer, 2021. "How big is home advantage at the Olympic Games?," Economics Discussion Papers em-dp2021-13, Department of Economics, University of Reading.
    4. Eiji Yamamura, 2021. "Do You Want Sustainable Olympics? Environment, Disaster, Gender, and the 2020 Tokyo Olympics," Sustainability, MDPI, vol. 13(22), pages 1-14, November.
    5. Nabin Sapkota & Atsuo Murata & Waldemar Karwowski & Mohammad Reza Davahli & Krzysztof Fiok & Awad M. Aljuaid & Tadeusz Marek & Tareq Ahram, 2022. "The Chaotic Behavior of the Spread of Infection during the COVID-19 Pandemic in Japan," IJERPH, MDPI, vol. 19(19), pages 1-16, October.
    6. Pedro Janela Pinto & Gustavo Lopes dos Santos, 2022. "Olympic Waterfronts: An Evaluation of Wasted Opportunities and Lasting Legacies," Sustainability, MDPI, vol. 14(4), pages 1-32, February.
    7. Gustavo Lopes dos Santos & Rosário Macário & Marie Delaplace & Stefano Di Vita, 2022. "The Long-Standing Issue of Mobility at the Olympics: From Host Cities to Host Regions in the Ongoing Case Study of Milan–Cortina 2026," Sustainability, MDPI, vol. 14(2), pages 1-24, January.
    8. Josh Matti & Yang Zhou, 2022. "United we feel stronger? On the Olympics and political ideology," Economics of Governance, Springer, vol. 23(3), pages 271-300, December.
    9. Kathleen Rodenburg & Louise Hayes & Lianne Foti & Ann Pegoraro, 2021. "Responsible Leadership in Sport: An Ethical Dilemma," Societies, MDPI, vol. 11(3), pages 1-17, July.

  4. Bent Flyvbjerg & Alexander Budzier, 2018. "Report for the Edinburgh Tram Inquiry," Papers 1805.12106, arXiv.org.

    Cited by:

    1. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    2. Love, Peter E.D. & Sing, Michael C.P. & Ika, Lavagnon A. & Newton, Sidney, 2019. "The cost performance of transportation projects: The fallacy of the Planning Fallacy account," Transportation Research Part A: Policy and Practice, Elsevier, vol. 122(C), pages 1-20.

  5. Bent Flyvbjerg, 2018. "Planning Fallacy or Hiding Hand: Which Is the Better Explanation?," Papers 1802.09999, arXiv.org.

    Cited by:

    1. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Molin, Eric & Rønnest, Arne & Stewa, 2019. "On de-bunking “Fake News” in the post-truth era: How to reduce statistical error in research," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 409-411.
    2. Love, Peter E.D. & Ika, Lavagnon A. & Ahiaga-Dagbui, Dominic D., 2019. "On de-bunking ‘fake news’ in a post truth era: Why does the Planning Fallacy explanation for cost overruns fall short?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 397-408.

  6. Bent Flyvbjerg & J. Rodney Turner, 2017. "Do Classics Exist in Megaproject Management?," Papers 1710.09678, arXiv.org.

    Cited by:

    1. Vincenzi, Marco & Shore, Barry, 2019. "Managing membership in Large-Scale International Science Projects," Technology in Society, Elsevier, vol. 59(C).
    2. Xuto, Praj & Anderson, Richard J. & Graham, Daniel J. & Hörcher, Daniel, 2021. "Optimal infrastructure reinvestment in urban rail systems: A dynamic supply optimisation approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 147(C), pages 251-268.
    3. Tianyu Ma & Jiyong Ding & Zhuofu Wang & Miroslaw J. Skibniewski, 2020. "Governing Government-Project Owner Relationships in Water Megaprojects: a Concession Game Analysis on Allocation of Control Rights," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(13), pages 4003-4018, October.
    4. Hannah Charlotte Joos & Dodo zu Knyphausen-Aufseß & Ulrich Pidun, 2020. "Project Stakeholder Management as the Integration of Stakeholder Salience, Public Participation, and Nonmarket Strategies," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 72(3), pages 447-477, July.

  7. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Big is Fragile: An Attempt at Theorizing Scale," Papers 1603.01416, arXiv.org, revised Jun 2017.

    Cited by:

    1. Bent Flyvbjerg, 2021. "Four Ways to Scale Up: Smart, Dumb, Forced, and Fumbled," Papers 2101.11104, arXiv.org.
    2. Bent Flyvbjerg & Alexander Budzier, 2019. "Report for the Commission of Inquiry Respecting the Muskrat Falls Project," Papers 1901.03698, arXiv.org.
    3. Gregory, Julian, 2020. "Governance, scale, scope: A review of six South African electricity generation infrastructure megaprojects," Utilities Policy, Elsevier, vol. 66(C).
    4. Detlef Müller-Mahn & Kennedy Mkutu & Eric Kioko, 2021. "Megaprojects—mega failures? The politics of aspiration and the transformation of rural Kenya," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(4), pages 1069-1090, August.
    5. Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2021. "Regression to the tail: Why the Olympics blow up," Environment and Planning A, , vol. 53(2), pages 233-260, March.
    6. In, Soh Young & Weyant, John P. & Manav, Berk, 2022. "Pricing climate-related risks of energy investments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 154(C).

  8. Bent Flyvbjerg & Allison Stewart & Alexander Budzier, 2016. "The Oxford Olympics Study 2016: Cost and Cost Overrun at the Games," Papers 1607.04484, arXiv.org.

    Cited by:

    1. Pasquale Lucio Scandizzo & Maria Rita Pierleoni, 2018. "Assessing The Olympic Games: The Economic Impact And Beyond," Journal of Economic Surveys, Wiley Blackwell, vol. 32(3), pages 649-682, July.
    2. Seung-Jin Han & Won-Jae Lee & So-Hee Kim & Sang-Hoon Yoon & Hyunwoong Pyun, 2022. "Assessing Expected Long-term Benefits for the Olympic Games: Delphi-AHP Approach from Korean Olympic Experts," SAGE Open, , vol. 12(4), pages 21582440221, December.
    3. Deneckere, Raymond & de Palma, André & Leruth, Luc, 2019. "Risk sharing in procurement," International Journal of Industrial Organization, Elsevier, vol. 65(C), pages 173-220.
    4. Flyvbjerg, Bent, 2018. "Planning Fallacy or Hiding Hand: Which is the Better Explanation?," World Development, Elsevier, vol. 103(C), pages 383-386.
    5. Rasmus K. Storm & Tor Georg Jakobsen & Christian Gjersing Nielsen, 2020. "The impact of Formula 1 on regional economies in Europe," Regional Studies, Taylor & Francis Journals, vol. 54(6), pages 827-837, June.
    6. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    7. Matthias Firgo, 2019. "The Causal Economic Effects of Olympic Games on Host Regions," WIFO Working Papers 591, WIFO.
    8. Kassens-Noor, Eva, 2019. "Transportation planning and policy in the pursuit of mega-events: Boston's 2024 Olympic bid," Transport Policy, Elsevier, vol. 74(C), pages 239-245.
    9. Olmos, Lorena & Bellido, Héctor & Román-Aso, Juan A., 2020. "The effects of mega-events on perceived corruption," European Journal of Political Economy, Elsevier, vol. 61(C).
    10. Storm, Rasmus K. & Thomsen, Frederik & Jakobsen, Tor Georg, 2017. "Do they make a difference? Professional team sports clubs’ effects on migration and local growth: Evidence from Denmark," Sport Management Review, Elsevier, vol. 20(3), pages 285-295.
    11. Zangeneh, Pouya & McCabe, Brenda, 2022. "Modelling socio-technical risks of industrial megaprojects using Bayesian Networks and reference classes," Resources Policy, Elsevier, vol. 79(C).
    12. Paustyan, Ekaterina, 2021. "Politically motivated intergovernmental transfers in Russia: The case of the 2018 FIFA World Cup," BOFIT Discussion Papers 2/2021, Bank of Finland Institute for Emerging Economies (BOFIT).
    13. Wifo, 2023. "WIFO-Monatsberichte, Heft 7/2023," WIFO Monatsberichte (monthly reports), WIFO, vol. 96(7), July.
    14. Weihua Yan & Na Xu & Rui Xue & Zhenghang Ye & Zhaoyang Wang & Dingmeng Ren, 2022. "Efforts Proposed by IOC to Alleviate Pressure on Olympic Games Hosts and Evidence from Beijing 2022," Sustainability, MDPI, vol. 14(23), pages 1-18, December.
    15. Martin Schnitzer & Lukas Haizinger, 2019. "Does the Olympic Agenda 2020 Have the Power to Create a New Olympic Heritage? An Analysis for the 2026 Winter Olympic Games Bid," Sustainability, MDPI, vol. 11(2), pages 1-21, January.
    16. Eva Kassens-Noor & John Lauermann, 2018. "Mechanisms of policy failure: Boston’s 2024 Olympic bid," Urban Studies, Urban Studies Journal Limited, vol. 55(15), pages 3369-3384, November.
    17. Eva Kassens-Noor & John Lauermann, 2017. "How to Bid Better for the Olympics: A Participatory Mega-Event Planning Strategy for Local Legacies," Journal of the American Planning Association, Taylor & Francis Journals, vol. 83(4), pages 335-345, October.
    18. Petri Lintumäki & Hannes Winner & Sabrina Scheiber & Anna Mederle & Martin Schnitzer, 2020. "The Economic Impact of Participant Sports Events: A Case Study for the Winter World Masters Games 2020 in Tyrol, Austria," Economies, MDPI, vol. 8(4), pages 1-23, November.
    19. Matthias Firgo & Oliver Fritz, 2023. "Regionalwirtschaftliche und touristische Effekte von Sportgroßveranstaltungen," WIFO Monatsberichte (monthly reports), WIFO, vol. 96(7), pages 481-490, July.

  9. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does Infrastructure Investment Lead to Economic Growth or Economic Fragility? Evidence from China," Papers 1609.00415, arXiv.org.

    Cited by:

    1. Sun, Yajie & Liao, Wen-Chi, 2021. "Resource-Exhausted City Transition to continue industrial development," China Economic Review, Elsevier, vol. 67(C).
    2. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    3. Godday Uwawunkonye Ebuh & Ifeoma Betty Ezike & Tersoo Shimonkabir Shitile & Ebow Suleiman Smith & Timipre Mary Haruna, 2019. "The Infrastructure–Growth Nexus in Nigeria: A Reassessment," Journal of Infrastructure Development, India Development Foundation, vol. 11(1-2), pages 41-58, June.
    4. Bent Flyvbjerg, 2021. "Four Ways to Scale Up: Smart, Dumb, Forced, and Fumbled," Papers 2101.11104, arXiv.org.
    5. Lauren A. Johnston, 2019. "The Belt and Road Initiative: What is in it for China?," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 6(1), pages 40-58, January.
    6. Yu. Yu. Ponomarev & D. M. Radchenko, 2023. "Assessment of the Effects of High-Speed Rail Development: Global Experience and Russia’s Outlook," Studies on Russian Economic Development, Springer, vol. 34(1), pages 124-131, February.
    7. Rothengatter, Werner, 2019. "Approaches to Measure the Wider Economic Impacts of High-Speed Rail and Experiences from Europe," ADBI Working Papers 946, Asian Development Bank Institute.
    8. Rothengatter, Werner, 2019. "Megaprojects in transportation networks," Transport Policy, Elsevier, vol. 75(C), pages 1-15.
    9. Xiongbin Lin & Ian MacLachlan & Ting Ren & Feiyang Sun, 2019. "Quantifying economic effects of transportation investment considering spatiotemporal heterogeneity in China: a spatial panel data model perspective," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 63(3), pages 437-459, December.
    10. Avni Önder Hanedar & Sezgin Uysal, 2020. "Transportation infrastructure and economic growth in a dissolving country: (Ir)relevance of railroads in the Ottoman Empire," Economic History of Developing Regions, Taylor & Francis Journals, vol. 35(3), pages 195-215, September.
    11. Lin, S. & Han, H., 2018. "Government size, institutional quality, and capital flows across regions in China: a specific exploration on the failure of capital flows across Shanhai Pass," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277515, International Association of Agricultural Economists.
    12. Ye, Zhen & Zhang, Fangzhu & Coffman, D’Maris & Xia, Senmao & Wang, Zhifeng & Zhu, Zhonghua, 2022. "China’s urban construction investment bond: Contextualising a financial tool for local government," Land Use Policy, Elsevier, vol. 112(C).
    13. Batool, Irem & Goldmann, Kathrin, 2021. "The role of public and private transport infrastructure capital in economic growth. Evidence from Pakistan," Research in Transportation Economics, Elsevier, vol. 88(C).
    14. Weiming Li & Zhaoyang Cai & Shixiong Cao, 2021. "What has caused regional income inequality in China? Effects of 10 socioeconomic factors on per capita income," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(9), pages 13403-13417, September.
    15. Wang Zhenhua & Zhang Guangsheng, 2016. "Industrial policy, production efficiency improvement and the Chinese county economic growth," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 34(2), pages 505-528.
    16. Junbing Xu & Yuanyuan Li & Dawei Feng & Zhouyi Wu & Yang He, 2021. "Crowding in or crowding out? How local government debt influences corporate innovation for China," PLOS ONE, Public Library of Science, vol. 16(11), pages 1-20, November.
    17. Luo, Yuwei & Mei, Dongzhou, 2023. "The shortage of safe assets and China's housing boom," Economic Modelling, Elsevier, vol. 119(C).
    18. John Bosco Nnyanzi & Susan Kavuma & John Sseruyange & Aisha Nanyiti, 2022. "The manufacturing output effects of infrastructure development, liberalization and governance: evidence from Sub-Saharan Africa," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 49(2), pages 369-400, June.
    19. Hongyun Han & Shuang Lin, 2019. "Government Size and Regional Capital Flows in China," Sustainability, MDPI, vol. 11(23), pages 1-19, November.
    20. Wang, Yunmin & Cao, Guohua & Yan, Youliang & Wang, Jingjing, 2022. "Does high-speed rail stimulate cross-city technological innovation collaboration? Evidence from China," Transport Policy, Elsevier, vol. 116(C), pages 119-131.
    21. Wu, Guiying Laura & Feng, Qu & Wang, Zhifeng, 2021. "A structural estimation of the return to infrastructure investment in China," Journal of Development Economics, Elsevier, vol. 152(C).
    22. Huang, Guobin & Zhang, Jie & Yu, Jian & Shi, Xunpeng, 2020. "Impact of transportation infrastructure on industrial pollution in Chinese cities: A spatial econometric analysis," Energy Economics, Elsevier, vol. 92(C).
    23. Chuantao Cui & Leona Shao-Zhi Li, 2019. "High-speed rail and inventory reduction: firm-level evidence from China," Applied Economics, Taylor & Francis Journals, vol. 51(25), pages 2715-2730, May.
    24. Muhammad Javid, 2019. "Public and Private Infrastructure Investment and Economic Growth in Pakistan: An Aggregate and Disaggregate Analysis," Sustainability, MDPI, vol. 11(12), pages 1-22, June.
    25. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    26. Plakandaras, Vasilios & Papadimitriou, Theophilos & Gogas, Periklis, 2019. "Forecasting transportation demand for the U.S. market," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 195-214.
    27. Preenithi Aksorn & Bupavech Phansri, 2023. "The influencing factors of area-based infrastructure project sustainability in Thailand," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(11), pages 13521-13539, November.
    28. Zura Kakushadze & Juan Andrés Serur, 2018. "151 Trading Strategies," Springer Books, Springer, number 978-3-030-02792-6, September.
    29. Xiao Wei & Haicheng Xu & Beiqi Zhang & Jianlong Li, 2019. "Infrastructure Operation Efficiency and Influential Factors in Developing Countries: Evidence from China," Sustainability, MDPI, vol. 11(3), pages 1-14, January.
    30. Vickerman, Roger, 2018. "Can high-speed rail have a transformative effect on the economy?," Transport Policy, Elsevier, vol. 62(C), pages 31-37.
    31. Yan Huang & Jiansong Wan, 2022. "Hierarchical analysis of Chinese financial market based on manifold structure," Annals of Operations Research, Springer, vol. 315(2), pages 1135-1150, August.
    32. Michael Beckley, 2020. "China's Economy Is Not Overtaking America's," Journal of Applied Corporate Finance, Morgan Stanley, vol. 32(2), pages 10-23, June.
    33. Schreiner, Lena & Madlener, Reinhard, 2021. "A pathway to green growth? Macroeconomic impacts of power grid infrastructure investments in Germany," Energy Policy, Elsevier, vol. 156(C).
    34. Wang, Chao & Lim, Ming K. & Zhang, Xinyi & Zhao, Longfeng & Lee, Paul Tae-Woo, 2020. "Railway and road infrastructure in the Belt and Road Initiative countries: Estimating the impact of transport infrastructure on economic growth," Transportation Research Part A: Policy and Practice, Elsevier, vol. 134(C), pages 288-307.
    35. Dwi Wulandari & Bagus Shandy Narmaditya & Putra Hilmi Prayitno & Suryati Ishak, 2019. "Infrastructure Enhancement and Households¡¯ Economic Activities: Lesson From Indonesia," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(3), pages 315-319, December.
    36. Simon Shen & Wilson Chan, 2018. "A comparative study of the Belt and Road Initiative and the Marshall plan," Palgrave Communications, Palgrave Macmillan, vol. 4(1), pages 1-11, December.
    37. Chen Yu & Theofanis P. Mamuneas, 2021. "The Effect of Public Infrastructure on Cost Structure and Performance of Chinese Provinces," Asian Economic Journal, East Asian Economic Association, vol. 35(1), pages 3-26, March.
    38. Xi, Tianyang & Yao, Yang & Zhang, Muyang, 2018. "Capability and opportunism: Evidence from city officials in China," Journal of Comparative Economics, Elsevier, vol. 46(4), pages 1046-1061.
    39. Desalegn Ambaw & Solomon Nigussie, 2021. "The Impacts Of Institutional Capacity, Infrastructure Governance And Equity On State-And-Nation-Building Processes In Ethiopia," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 43(4), pages 484-499, December.
    40. Gerasimos T. Soldatos, 2019. "Public-private investment substitutability-complementarity, taxation, and bank competition," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2019(3), pages 41-61.
    41. Bingquan Liu & Boyang Nie & Yakun Wang & Xuemin Han & Yongqing Li, 2023. "Does New Infrastructure Affect Regional Carbon Intensity? Empirical Evidence from China," Sustainability, MDPI, vol. 15(24), pages 1-20, December.
    42. Penyalver, Domingo & Turró, Mateu & Williamson, John B., 2019. "Measuring the value for money of transport infrastructure procurement; an intergenerational approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 119(C), pages 238-254.
    43. Ahmed, Khalid & Bhattacharya, Mita & Qazi, Ahmer Qasim & Ghumro, Niaz Ahmed, 2021. "Transport infrastructure and industrial output in Pakistan: An empirical investigation," Research in Transportation Economics, Elsevier, vol. 90(C).
    44. Yang Yang, 2018. "Transport Infrastructure, City Productivity Growth and Sectoral Reallocation: Evidence from China," IMF Working Papers 2018/276, International Monetary Fund.
    45. Li, Zhigang & Wu, Mingqin & Chen, Bin R., 2017. "Is road infrastructure investment in China excessive? Evidence from productivity of firms," Regional Science and Urban Economics, Elsevier, vol. 65(C), pages 116-126.
    46. Arbolino, Roberta & Yigitcanlar, Tan & L’Abbate, Pasqua & Ioppolo, Giuseppe, 2019. "Effective growth policymaking: Estimating provincial territorial development potentials," Land Use Policy, Elsevier, vol. 86(C), pages 313-321.
    47. Välilä, Timo, 2020. "Infrastructure and growth: A survey of macro-econometric research," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 39-49.
    48. Dinlersoz, Emin M. & Fu, Zhe, 2022. "Infrastructure investment and growth in China: A quantitative assessment," Journal of Development Economics, Elsevier, vol. 158(C).
    49. Sayel Basel & K. U. Gopakumar & R. Prabhakara Rao, 2020. "Broad-based index for measurement of development," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 22(1), pages 182-206, June.
    50. Jimmy, Charles & Falianty, Telisa Aulia, 2021. "Managing leverage of infrastructure projects: Aggregate and sectoral risk effect," Journal of Asian Economics, Elsevier, vol. 73(C).
    51. Turró, Mateu & Penyalver, Domingo, 2019. "Hunting white elephants on the road. A practical procedure to detect harmful projects of transport infrastructure," Research in Transportation Economics, Elsevier, vol. 75(C), pages 3-20.
    52. Barilla, David & Carlucci, Fabio & Cirà, Andrea & Ioppolo, Giuseppe & Siviero, Lucio, 2020. "Total factor logistics productivity: A spatial approach to the Italian regions," Transportation Research Part A: Policy and Practice, Elsevier, vol. 136(C), pages 205-222.
    53. Schmidt, Torsten & Blagov, Boris & Döhrn, Roland & Grozea-Helmenstein, Daniela & Jäger, Philipp & Micheli, Martin & Rujin, Svetlana, 2017. "Die wirtschaftliche Entwicklung im Ausland: Leichte Belebung der internationalen Konjunktur," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 68(1), pages 5-32.
    54. Ogbaro, Eyitayo O., 2019. "Threshold Effects of Institutional Quality in the Infrastructure-Growth Nexus," Journal of Quantitative Methods, University of Management and Technology, Lahore, Pakistan, vol. 3(2), pages 45-61.
    55. Emmanuel Apergis & Nicholas Apergis, 2019. "“Sakura” has not grown in a day: infrastructure investment and economic growth in Japan under different tax regimes," Empirical Economics, Springer, vol. 57(2), pages 541-567, August.
    56. Dieppe, Alistair & Gilhooly, Robert & Han, Jenny & Korhonen, Iikka & Lodge, David, 2018. "The transition of China to sustainable growth – implications for the global economy and the euro area," Occasional Paper Series 206, European Central Bank.
    57. Yidan Liang, 2023. "The effect of capital and labour distortion on innovation," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(2), pages 1709-1737, June.
    58. Atrayee Ghosh Roy, 2018. "Infrastructure Investment and the Indian Economy," Bulletin of Applied Economics, Risk Market Journals, vol. 5(1), pages 29-38.
    59. Shanshan Xiang & Liping Shan & Wuzhou Li & Lingyan Huang, 2023. "A Comparative Analysis of the Interaction between Urban-Rural Construction Land Transition and Population Flow: Dominant and Recessive Perspectives," Land, MDPI, vol. 12(10), pages 1-21, September.
    60. Zichu, Jin & Masih, Mansur, 2018. "Nexus of infrastructure investment, economic growth and domestic credit level: evidence from China based on nonlinear ARDL approach," MPRA Paper 100595, University Library of Munich, Germany.
    61. Vickerman, Roger, 2017. "Beyond cost-benefit analysis: the search for a comprehensive evaluation of transport investment," Research in Transportation Economics, Elsevier, vol. 63(C), pages 5-12.
    62. Huwei Wen & Jinxia Zhan, 2023. "New-type infrastructure and total factor productivity: evidence from listed manufacturing firms in China," Economic Change and Restructuring, Springer, vol. 56(6), pages 4465-4489, December.
    63. Henderson, J. Vernon & Su, Dongling & Zhang, Qinghua & Zheng, Siqi, 2022. "Political manipulation of urban land markets: Evidence from China," Journal of Public Economics, Elsevier, vol. 214(C).
    64. Chao Bi & Minna Jia & Jingjing Zeng, 2019. "Nonlinear Effect of Public Infrastructure on Energy Intensity in China: A Panel Smooth Transition Regression Approach," Sustainability, MDPI, vol. 11(3), pages 1-21, January.
    65. Lodge, David & Soudan, Michel, 2019. "Credit, financial conditions and the business cycle in China," Working Paper Series 2244, European Central Bank.
    66. Euijune Kim & Min Jiang & Byula Kim, 2022. "Analyzing impacts of Vietnam’s North–South highway on creation of regional cluster," Asia-Pacific Journal of Regional Science, Springer, vol. 6(2), pages 617-633, June.
    67. Elnur Mekhdiev & Irina Pashkovskaya & Elena Takmakova & Olga Smirnova & Khadiya Sadykova & Svetlana Poltorykhina, 2019. "Conjugation of the Belt and Road Initiative and Eurasian Economic Union: Problems and Development Prospects," Economies, MDPI, vol. 7(4), pages 1-15, December.
    68. Kwang-Jing Yii & Kai-Ying Bee & Wei-Yong Cheam & Yee-Lee Chong & Ching-Mei Lee, 2018. "Is Transportation Infrastructure Important to the One Belt One Road (OBOR) Initiative? Empirical Evidence from the Selected Asian Countries," Sustainability, MDPI, vol. 10(11), pages 1-18, November.
    69. Aray, Henry & Pacheco-Delgado, Janeth, 2020. "Public investment allocation across Ecuadorian Provinces," Socio-Economic Planning Sciences, Elsevier, vol. 71(C).
    70. Zevallos Germán Gallardo & Machicao Tatiana & Martínez-Echevarría Romero María José, 2017. "Assessment of highway infrastructure projects in Latin America and Perú from the competences point of view," Organization, Technology and Management in Construction, Sciendo, vol. 9(1), pages 1537-1546, June.
    71. Emanuele Felice & Iacopo Odoardi & Dario D’Ingiullo, 2023. "The Chinese Inland-Coastal Inequality: The Role of Human Capital and the 2007–2008 Crisis Watershed," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(2), pages 761-788, July.
    72. Rawat, Amna Sohail & Khan, Lubna, 2020. "Exploring the link between Public Investment and Long Run Economic Growth — A Case of a Developing Country," Public Finance Quarterly, Corvinus University of Budapest, vol. 65(2), pages 151-167.
    73. Tolcha, Tassew Dufera & Bråthen, Svein & Holmgren, Johan, 2020. "Air transport demand and economic development in sub-Saharan Africa: Direction of causality," Journal of Transport Geography, Elsevier, vol. 86(C).
    74. Alexandra O. Zeitz, 2021. "Emulate or differentiate?," The Review of International Organizations, Springer, vol. 16(2), pages 265-292, April.

  10. Bent Flyvbjerg & Cass R. Sunstein, 2015. "The Principle of the Malevolent Hiding Hand; or, the Planning Fallacy Writ Large," Papers 1509.01526, arXiv.org.

    Cited by:

    1. Ika, Lavagnon A., 2018. "Beneficial or Detrimental Ignorance: The Straw Man Fallacy of Flyvbjerg’s Test of Hirschman’s Hiding Hand," World Development, Elsevier, vol. 103(C), pages 369-382.
    2. Flyvbjerg, Bent, 2018. "Planning Fallacy or Hiding Hand: Which is the Better Explanation?," World Development, Elsevier, vol. 103(C), pages 383-386.
    3. Lepenies, Philipp H., 2018. "Statistical Tests as a Hindrance to Understanding," World Development, Elsevier, vol. 103(C), pages 360-365.
    4. Portugal-Pereira, J. & Ferreira, P. & Cunha, J. & Szklo, A. & Schaeffer, R. & Araújo, M., 2018. "Better late than never, but never late is better: Risk assessment of nuclear power construction projects," Energy Policy, Elsevier, vol. 120(C), pages 158-166.
    5. Carmen Schiel & Simon Glöser-Chahoud & Frank Schultmann, 2019. "A real option application for emission control measures," Journal of Business Economics, Springer, vol. 89(3), pages 291-325, April.
    6. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does Infrastructure Investment Lead to Economic Growth or Economic Fragility? Evidence from China," Papers 1609.00415, arXiv.org.

  11. Bent Flyvbjerg, 2014. "What You Should Know About Megaprojects, and Why: An Overview," Papers 1409.0003, arXiv.org.

    Cited by:

    1. Diane Coyle & Marianne Sensier, 2020. "The imperial treasury: appraisal methodology and regional economic performance in the UK," Regional Studies, Taylor & Francis Journals, vol. 54(3), pages 283-295, March.
    2. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    3. Schüle, Ulrich & Liening-Ewert, F. & Schäffer, D., 2018. "Opening Argentina to public-private partnerships: Opportunities and risks for government entities and private investors," UASM Discussion Paper Series 8/2018, University of Applied Sciences Mainz.
    4. Volden, Gro Holst, 2018. "Public project success as seen in a broad perspective," Evaluation and Program Planning, Elsevier, vol. 69(C), pages 109-117.
    5. Bent Flyvbjerg, 2021. "Four Ways to Scale Up: Smart, Dumb, Forced, and Fumbled," Papers 2101.11104, arXiv.org.
    6. Nicola Francesco Dotti, 2018. "Knowledge that matters for the 'survival of unfittest’: The case of the new Brussels' rail junction," ULB Institutional Repository 2013/266990, ULB -- Universite Libre de Bruxelles.
    7. Ika, Lavagnon A., 2018. "Beneficial or Detrimental Ignorance: The Straw Man Fallacy of Flyvbjerg’s Test of Hirschman’s Hiding Hand," World Development, Elsevier, vol. 103(C), pages 369-382.
    8. Bartlomiej Rokicki, 2022. "Cost Underruns in Major Road Transport Infrastructure Projects—The Surprising Experience of Poland," Sustainability, MDPI, vol. 14(21), pages 1-18, November.
    9. Teigen, Karl Halvor & Juanchich, Marie & Løhre, Erik, 2022. "What is a “likely” amount? Representative (modal) values are considered likely even when their probabilities are low," Organizational Behavior and Human Decision Processes, Elsevier, vol. 171(C).
    10. Rothengatter, Werner, 2019. "Approaches to Measure the Wider Economic Impacts of High-Speed Rail and Experiences from Europe," ADBI Working Papers 946, Asian Development Bank Institute.
    11. Bent Flyvbjerg & Alexander Budzier, 2019. "Report for the Commission of Inquiry Respecting the Muskrat Falls Project," Papers 1901.03698, arXiv.org.
    12. Zhou, Tianxiao & Tan, Rong & Shu, Xianfan, 2022. "Rigidity with partial elasticity: Local government adaptation under the centralized land quota system in China," Land Use Policy, Elsevier, vol. 118(C).
    13. Yuanli Li & Pengcheng Xiang & Kairui You & Jin Guo & Zhaowen Liu & Hong Ren, 2021. "Identifying the Key Risk Factors of Mega Infrastructure Projects from an Extended Sustainable Development Perspective," IJERPH, MDPI, vol. 18(14), pages 1-29, July.
    14. Rothengatter, Werner, 2019. "Megaprojects in transportation networks," Transport Policy, Elsevier, vol. 75(C), pages 1-15.
    15. Tianxiao Zhou & Rong Tan & Thomas Sedlin, 2018. "Planning Modes for Major Transportation Infrastructure Projects (MTIPs): Comparing China and Germany," Sustainability, MDPI, vol. 10(10), pages 1-23, September.
    16. Lehtonen, Markku, 2019. "Ecological Economics and Opening up of Megaproject Appraisal: Lessons From Megaproject Scholarship and Topics for a Research Programme," Ecological Economics, Elsevier, vol. 159(C), pages 148-156.
    17. Jacobsson, Mattias & Wilson, Timothy L., 2018. "Revisiting the construction of the Empire State Building: Have we forgotten something?," Business Horizons, Elsevier, vol. 61(1), pages 47-57.
    18. Ana-Belén Alonso-Conde & Javier Rojo-Suárez, 2020. "On the Effect of Green Bonds on the Profitability and Credit Quality of Project Financing," Sustainability, MDPI, vol. 12(16), pages 1-19, August.
    19. Alexander Budzier & Bent Flyvbjerg & Andi Garavaglia & Andreas Leed, 2019. "Quantitative Cost and Schedule Risk Analysis of Nuclear Waste Storage," Papers 1901.11123, arXiv.org.
    20. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    21. Csereklyei, Zsuzsanna & Thurner, Paul W. & Bauer, Alexander & Küchenhoff, Helmut, 2016. "The effect of economic growth, oil prices, and the benefits of reactor standardization: Duration of nuclear power plant construction revisited," Energy Policy, Elsevier, vol. 91(C), pages 49-59.
    22. Asuega, Anthony & Limb, Braden J. & Quinn, Jason C., 2023. "Techno-economic analysis of advanced small modular nuclear reactors," Applied Energy, Elsevier, vol. 334(C).
    23. Crystal COLE, 2017. "Project Management Evolution to Improve Success in Infrastructure Projects," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(4), pages 619-640, December.
    24. Francesco Di Maddaloni & Roya Derakhshan, 2019. "A Leap from Negative to Positive Bond. A Step towards Project Sustainability," Administrative Sciences, MDPI, vol. 9(2), pages 1-19, June.
    25. Michael G. Pollitt, 2015. "In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy and Climate Problems," Cambridge Working Papers in Economics 1537, Faculty of Economics, University of Cambridge.
    26. David Eggleton, 2018. "The Limitations of the Conceptual Framework of the Heterogeneous Engineer for Leadership in Megascience Projects," SPRU Working Paper Series 2018-15, SPRU - Science Policy Research Unit, University of Sussex Business School.
    27. Marc Herz & Nicco Krezdorn, 2022. "Epic fail: Exploring project failure’s reasons, outcomes and indicators," Review of Managerial Science, Springer, vol. 16(4), pages 1169-1193, May.
    28. Faye Duchin, 2017. "Resources for Sustainable Economic Development: A Framework for Evaluating Infrastructure System Alternatives," Sustainability, MDPI, vol. 9(11), pages 1-15, November.
    29. Gregory, Julian, 2020. "Governance, scale, scope: A review of six South African electricity generation infrastructure megaprojects," Utilities Policy, Elsevier, vol. 66(C).
    30. Eisenack, Klaus & Paschen, Marius, 2022. "Adapting long-lived investments under climate change uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 116(C).
    31. Nesvold, Erik & Bratvold, Reidar B., 2022. "Debiasing probabilistic oil production forecasts," Energy, Elsevier, vol. 258(C).
    32. Moschouli, Eleni & Soecipto, Raden Murwantara & Vanelslander, Thierry, 2019. "Cost performance of transport infrastructure projects before and after the global financial crisis (GFC): Are differences observed in the conditions of project performance?," Research in Transportation Economics, Elsevier, vol. 75(C), pages 21-35.
    33. Aidan Vining & Anthony Boardman, 2014. "Self-interest Springs Eternal: Political Economy Reasons why Public-Private Partnerships Do Not Work as Well as Expected," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 12(03), pages 17-23, October.
    34. Giovanni Esposito & Andrea Terlizzi, 2023. "Governing wickedness in megaprojects: discursive and institutional perspectives," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 42(2), pages 131-147.
    35. da Cunha, Richard Alex & Rangel, Luís Alberto Duncan & Rudolf, Christian A. & Santos, Luiza dos, 2022. "A decision support approach employing the PROMETHEE method and risk factors for critical supply assessment in large-scale projects," Operations Research Perspectives, Elsevier, vol. 9(C).
    36. Antonio Tricarico & Xavier Sol, 2016. "Re-Building the World: The Structural Adjustment Through Mega-Infrastructures in the Era of Financialization," Development, Palgrave Macmillan;Society for International Deveopment, vol. 59(1), pages 53-58, June.
    37. Julie de Brux & Frédéric Marty, 2014. "IPPP – Risks and opportunities An economic perspective," Sciences Po publications 2014-11, Sciences Po.
    38. Love, Peter E.D. & Ika, Lavagnon A. & Ahiaga-Dagbui, Dominic D., 2019. "On de-bunking ‘fake news’ in a post truth era: Why does the Planning Fallacy explanation for cost overruns fall short?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 397-408.
    39. Kenneth W Clements & Jiawei Si & Thomas Simpson, 2014. "Understanding New Resource Projects," Economics Discussion / Working Papers 14-17, The University of Western Australia, Department of Economics.
    40. Abdulla Abdulaziz Al-Subaie & Mohd. Nishat Faisal & Belaid Aouni & Faisal Talib, 2021. "A Strategic Framework for Transformational Leadership Development in Megaprojects," Sustainability, MDPI, vol. 13(6), pages 1-21, March.
    41. Love, Peter E.D. & Ahiaga-Dagbui, Dominic & Welde, Morten & Odeck, James, 2017. "Light rail transit cost performance: Opportunities for future-proofing," Transportation Research Part A: Policy and Practice, Elsevier, vol. 100(C), pages 27-39.
    42. Tuomas Lappi & Tzong-Ru Lee & Kirsi Aaltonen, 2017. "Assessing the Health of a Business Ecosystem: The Contribution of the Anchoring Actor in the Formation Phase," International Journal of Management, Knowledge and Learning, International School for Social and Business Studies, Celje, Slovenia, vol. 6(1), pages 27-51.
    43. Bent Flyvbjerg & Alexander Budzier, 2018. "Report for the Edinburgh Tram Inquiry," Papers 1805.12106, arXiv.org.
    44. Karen Lucas & Ian Philips & Ersilia Verlinghieri, 2022. "A mixed methods approach to the social assessment of transport infrastructure projects," Transportation, Springer, vol. 49(1), pages 271-291, February.
    45. Jorge Fleta‐Asín & Fernando Muñoz, 2021. "Renewable energy public–private partnerships in developing countries: Determinants of private investment," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(4), pages 653-670, July.
    46. Hannes Thees, 2020. "Towards Local Sustainability of Mega Infrastructure: Reviewing Research on the New Silk Road," Sustainability, MDPI, vol. 12(24), pages 1-35, December.
    47. Shutian Zhou & Guofang Zhai & Yijun Shi, 2018. "What Drives the Rise of Metro Developments in China? Evidence from Nantong," Sustainability, MDPI, vol. 10(8), pages 1-20, August.
    48. Takano, Guillermo, 2017. "Public-Private Partnerships as rent-seeking opportunities: A case study on an unsolicited proposal in Lima, Peru," Utilities Policy, Elsevier, vol. 48(C), pages 184-194.
    49. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    50. Ademola E. Ojo & Ditimi Amassoma, 2021. "Infrastructures Development, Environmental Quality and Economic Growth in Nigeria," Journal of Infrastructure Development, India Development Foundation, vol. 13(2), pages 129-144, December.
    51. Janet Judy McIntyre‐Mills, 2022. "The importance of relationality: A note on co‐determinism, multispecies relationships and implications for COVID‐19," Systems Research and Behavioral Science, Wiley Blackwell, vol. 39(2), pages 339-353, March.
    52. Ricardo Reboredo, 2021. "Disaggregating Development: A Critical Analysis of Sino-African Megaprojects," Progress in Development Studies, , vol. 21(1), pages 86-104, April.
    53. Callegari, C. & Szklo, A. & Schaeffer, R., 2018. "Cost overruns and delays in energy megaprojects: How big is big enough?," Energy Policy, Elsevier, vol. 114(C), pages 211-220.
    54. Lan Luo & Yue Yang & Junwei Zheng & Jianxun Xie, 2022. "Measuring Project Governance of Mega Infrastructure in China: A Scale Development Study," Sustainability, MDPI, vol. 14(2), pages 1-20, January.
    55. Muhammad Zeeshan Fareed & Qin Su & Muhammad Umer Aslam, 2023. "Transformational Leadership and Project Success: The Mediating Role of Psychological Empowerment," SAGE Open, , vol. 13(1), pages 21582440231, February.
    56. Samis, Michael & Steen, John, 2020. "Financial evaluation of mining innovation pilot projects and the value of information," Resources Policy, Elsevier, vol. 69(C).
    57. Köberle, Alexandre C. & Garaffa, Rafael & Cunha, Bruno S.L. & Rochedo, Pedro & Lucena, André F.P. & Szklo, Alexandre & Schaeffer, Roberto, 2018. "Are conventional energy megaprojects competitive? Suboptimal decisions related to cost overruns in Brazil," Energy Policy, Elsevier, vol. 122(C), pages 689-700.
    58. Jin, Zhizhou & Zeng, Saixing & Chen, Hongquan & Shi, Jonathan Jingsheng, 2022. "Explaining the expansion performance in technological capability of participants in megaprojects: A configurational approach," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    59. Yang, Kun & Wang, Wan & Xiong, Wan, 2021. "Promoting the sustainable development of infrastructure projects through responsible innovation: An evolutionary game analysis," Utilities Policy, Elsevier, vol. 70(C).
    60. Rafael Aigner, 2016. "The Fehmarn Belt Duopoly - Can the Ferry Compete with a Tunnel?," Discussion Papers of DIW Berlin 1539, DIW Berlin, German Institute for Economic Research.
    61. Giezen, Mendel & Salet, Willem & Bertolini, Luca, 2015. "Adding value to the decision-making process of mega projects: Fostering strategic ambiguity, redundancy, and resilience," Transport Policy, Elsevier, vol. 44(C), pages 169-178.
    62. Ivona Ivić & Anita Cerić, 2023. "Risks Caused by Information Asymmetry in Construction Projects: A Systematic Literature Review," Sustainability, MDPI, vol. 15(13), pages 1-25, June.
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    65. Dimas de Castro e Silva Neto & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2017. "Understanding the patterns of PPP renegotiations for infrastructure projects in Latin America," Competition and Regulation in Network Industries, , vol. 18(3-4), pages 271-296, September.
    66. Guangzhong Hu & Yuming Liu & Kai Liu & Xiaoxu Yang, 2023. "Research on Data-Driven Dynamic Decision-Making Mechanism of Mega Infrastructure Project Construction," Sustainability, MDPI, vol. 15(12), pages 1-25, June.
    67. Ting Wang & Qinghua He & Yujie Lu & Delei Yang, 2018. "How Does Organizational Citizenship Behavior (OCB) Affect the performance of megaprojects? Insights from a System Dynamic Simulation," Sustainability, MDPI, vol. 10(6), pages 1-18, May.
    68. A. M. Alamdari & Y. Jabarzadeh & B. Adams & D. Samson & S. Khanmohammadi, 2023. "An analytic network process model to prioritize supply chain risks in green residential megaprojects," Operations Management Research, Springer, vol. 16(1), pages 141-163, March.
    69. Ting Wang & Emmanuel Kingsford Owusu & Qinghua He & Zidan Tian & Dong Wu, 2022. "Empirical Assessments of the Determinants of Construction Megaprojects’ Success: Evidence from China," Sustainability, MDPI, vol. 14(22), pages 1-20, November.
    70. Sovacool, Benjamin K. & Iskandarova, Marfuga & Geels, Frank W., 2023. "“Bigger than government”: Exploring the social construction and contestation of net-zero industrial megaprojects in England," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    71. Leslie Paul Thiele, 2020. "Integrating political and technological uncertainty into robust climate policy," Climatic Change, Springer, vol. 163(1), pages 521-538, November.
    72. Zangeneh, Pouya & McCabe, Brenda, 2022. "Modelling socio-technical risks of industrial megaprojects using Bayesian Networks and reference classes," Resources Policy, Elsevier, vol. 79(C).
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    81. Shankar Sankaran & Ralf Müller & Nathalie Drouin, 2020. "Creating a ‘sustainability sublime’ to enable megaprojects to meet the United Nations sustainable development goals," Systems Research and Behavioral Science, Wiley Blackwell, vol. 37(5), pages 813-826, September.
    82. Juan David González-Ruiz & Sergio Botero-Botero & Alejandro Peña, 2022. "Analysis of the Capital Structure in Sustainable Infrastructure Systems: A Methodological Approach," Sustainability, MDPI, vol. 14(19), pages 1-21, October.
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    91. Avri Eitan, 2021. "Promoting Renewable Energy to Cope with Climate Change—Policy Discourse in Israel," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
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    114. Tom Ogwang & Frank Vanclay, 2021. "Resource-Financed Infrastructure: Thoughts on Four Chinese-Financed Projects in Uganda," Sustainability, MDPI, vol. 13(6), pages 1-22, March.
    115. Irene Piccini & Marco Pittarello & Fabrizio Gili & Alberto Dotta & Riccardo Lorizzo & Cristina Magnani & Pia Grieco & Michele Lonati & Sandro Bertolino & Simona Bonelli, 2022. "Using Forest Compensation Funds to Reverse Biodiversity Loss: A Case Study of Turin–Lyon High-Speed Railway Line," Sustainability, MDPI, vol. 14(8), pages 1-16, April.
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    119. Nikolay I. Dorogov & Ivan A. Kapitonov & Ivan A. Kapitonov, 2020. "Justification of the choice of the concession mechanism for projects economically efficient for the infrastructure owner," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 3477-3487, June.
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    Cited by:

    1. Bent Flyvbjerg, 2021. "Four Ways to Scale Up: Smart, Dumb, Forced, and Fumbled," Papers 2101.11104, arXiv.org.
    2. David Newbery, 2016. "A simple introduction to the economics of storage: shifting demand and supply over time and space," Working Papers EPRG 1626, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    3. Ayobami Solomon Oyewo & Javier Farfan & Pasi Peltoniemi & Christian Breyer, 2018. "Repercussion of Large Scale Hydro Dam Deployment: The Case of Congo Grand Inga Hydro Project," Energies, MDPI, vol. 11(4), pages 1-30, April.
    4. Ilkka Hannula & David M Reiner, 2017. "The race to solve the sustainable transport problem via carbon-neutral synthetic fuels and battery electric vehicles," Working Papers EPRG 1721, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    5. P. Urgilés & J. Claver & M. A. Sebastián, 2019. "Analysis of the Earned Value Management and Earned Schedule Techniques in Complex Hydroelectric Power Production Projects: Cost and Time Forecast," Complexity, Hindawi, vol. 2019, pages 1-11, April.
    6. Gaudard, Ludovic, 2015. "Pumped-storage project: A short to long term investment analysis including climate change," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 91-99.
    7. Oyewo, Ayobami Solomon & Solomon, A.A. & Bogdanov, Dmitrii & Aghahosseini, Arman & Mensah, Theophilus Nii Odai & Ram, Manish & Breyer, Christian, 2021. "Just transition towards defossilised energy systems for developing economies: A case study of Ethiopia," Renewable Energy, Elsevier, vol. 176(C), pages 346-365.
    8. Bent Flyvbjerg & Alexander Budzier, 2019. "Report for the Commission of Inquiry Respecting the Muskrat Falls Project," Papers 1901.03698, arXiv.org.
    9. Sheila M. Olmstead & Hilary Sigman, 2014. "Damming the Commons: An Empirical Analysis of International Cooperation and Conflict in Dam Location," NBER Working Papers 20389, National Bureau of Economic Research, Inc.
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    95. Bent Flyvbjerg & J. Rodney Turner, 2017. "Do Classics Exist in Megaproject Management?," Papers 1710.09678, arXiv.org.
    96. Bahník, Štěpán & Yoon, Sangsuk, 2023. "Anchoring effect in business," OSF Preprints 98qdv, Center for Open Science.
    97. Massarutto, Antonio & Pontoni, Federico, 2015. "Rent seizing and environmental concerns: A parametric valuation of the Italian hydropower sector," Energy Policy, Elsevier, vol. 78(C), pages 31-40.
    98. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    99. Ole Jonny Klakegg, 2016. "Project Risk Management: Challenge Established Practice," Administrative Sciences, MDPI, vol. 6(4), pages 1-3, December.
    100. Hurford, A.P. & Harou, J.J. & Bonzanigo, L. & Ray, P.A. & Karki, P. & Bharati, L. & Chinnasamy, P., 2020. "Efficient and robust hydropower system design under uncertainty - A demonstration in Nepal," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    101. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does Infrastructure Investment Lead to Economic Growth or Economic Fragility? Evidence from China," Papers 1609.00415, arXiv.org.
    102. Chen, Shaoqing & Chen, Bin & Fath, Brian D., 2015. "Assessing the cumulative environmental impact of hydropower construction on river systems based on energy network model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 78-92.
    103. Tamm, Ottar & Tamm, Toomas, 2020. "Verification of a robust method for sizing and siting the small hydropower run-of-river plant potential by using GIS," Renewable Energy, Elsevier, vol. 155(C), pages 153-159.
    104. Ascher, William, 2021. "Rescuing responsible hydropower projects," Energy Policy, Elsevier, vol. 150(C).
    105. A. Richard Swanson & Vivek Sakhrani, 2023. "Value–Risk Calculator for Blended Finance: A Systems Perspective of the Nachtigal Hydropower Project," Sustainability, MDPI, vol. 15(13), pages 1-22, June.
    106. Omotola Awojobi & Glenn P. Jenkins, 2015. "Managing the Cost Overrun Risks of Hydroelectric Dams: An Application of Reference Class Forecasting Techniques," Development Discussion Papers 2015-06, JDI Executive Programs.
    107. Philotheos Lokkas & Nikolaos Alamanis & Nikolaos Xafoulis & Grigorios Papageorgiou & Evangelos Paschalis & Dimos Zachos, 2022. "An Approach on the Renewable Energy Sources," SN Operations Research Forum, Springer, vol. 3(2), pages 1-13, June.
    108. Zubair, Muhammad & Awan, Ahmed Bilal & Rehman, Muhammad Muqeet & Khan, Mohammad Nadeem & Abbas, Ghulam, 2021. "Residential and commercial UPS User's contribution to load shedding and possible solutions using renewable energy," Energy Policy, Elsevier, vol. 151(C).
    109. Locatelli, Giorgio & Invernizzi, Diletta Colette & Mancini, Mauro, 2016. "Investment and risk appraisal in energy storage systems: A real options approach," Energy, Elsevier, vol. 104(C), pages 114-131.
    110. Tianyi Nie & Kunhui Ye, 2017. "Demystifying the Barriers to Transport Infrastructure Project Development in Fast Developing Regions: The Case of China," Sustainability, MDPI, vol. 9(10), pages 1-18, October.
    111. Sovacool, Benjamin K. & Walter, Götz, 2018. "Major hydropower states, sustainable development, and energy security: Insights from a preliminary cross-comparative assessment," Energy, Elsevier, vol. 142(C), pages 1074-1082.
    112. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Big is Fragile: An Attempt at Theorizing Scale," Papers 1603.01416, arXiv.org, revised Jun 2017.
    113. Natalya Sergeeva & Johan Ninan, 2023. "Comparisons as a discursive tool: shaping megaproject narratives in the United Kingdom," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 42(2), pages 197-211.
    114. Klaus Eisenack & Marius Paschen, 2017. "Designing long-lived investments under uncertain and ongoing change," Working Papers V-398-17, University of Oldenburg, Department of Economics, revised Feb 2017.
    115. Yakun Zhang & Wenzhe Tang & Colin F. Duffield & Lihai Zhang & Felix Kin Peng Hui, 2021. "Environment Management of Hydropower Development: A Case Study," Energies, MDPI, vol. 14(7), pages 1-12, April.
    116. Huang, Xiaoxun & Hayashi, Kiichiro & Fujii, Minoru & Villa, Ferdinando & Yamazaki, Yuri & Okazawa, Hiromu, 2023. "Identification of potential locations for small hydropower plant based on resources time footprint: A case study in Dan River Basin, China," Renewable Energy, Elsevier, vol. 205(C), pages 293-304.
    117. de Faria, Felipe A.M. & Davis, Alex & Severnini, Edson & Jaramillo, Paulina, 2017. "The local socio-economic impacts of large hydropower plant development in a developing country," Energy Economics, Elsevier, vol. 67(C), pages 533-544.
    118. Calvi, Miquéias Freitas & Moran, Emilio F. & Silva, Ramon Felipe Bicudo da & Batistella, Mateus, 2020. "The construction of the Belo Monte dam in the Brazilian Amazon and its consequences on regional rural labor," Land Use Policy, Elsevier, vol. 90(C).
    119. Newbery, David, 2018. "Shifting demand and supply over time and space to manage intermittent generation: The economics of electrical storage," Energy Policy, Elsevier, vol. 113(C), pages 711-720.
    120. Hennig, Thomas, 2016. "Damming the transnational Ayeyarwady basin. Hydropower and the water-energy nexus," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 1232-1246.
    121. Fernandes, Gláucia & Gomes, Leonardo Lima & Brandão, Luiz Eduardo Teixeira, 2018. "A risk-hedging tool for hydro power plants," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 370-378.
    122. Ilka Deluque & Ekundayo Shittu & Jonathan Deason, 2018. "Evaluating the reliability of efficient energy technology portfolios," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 6(1), pages 115-138, June.
    123. Steinbuks, Jevgenijs & Satija, Gaurav & Zhao, Fu, 2017. "Sustainability of solar electricity: The role of endogenous resource substitution and cross-sectoral responses," Resource and Energy Economics, Elsevier, vol. 49(C), pages 218-232.
    124. Rebecca Peters & Jürgen Berlekamp & Ana Lucía & Vittoria Stefani & Klement Tockner & Christiane Zarfl, 2021. "Integrated Impact Assessment for Sustainable Hydropower Planning in the Vjosa Catchment (Greece, Albania)," Sustainability, MDPI, vol. 13(3), pages 1-18, February.
    125. Samboko, Paul & Chapoto, Antony & Kuteya, Auckland & Kabwe, Stephen & Mofya-Mukuka, Rhoda & Mweemba, Bruno & Munsaka, Eustensia, 2016. "The Impact of Power Rationing on Zambia's Agricultural Sector," Food Security Collaborative Working Papers 245111, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    126. Invernizzi, Diletta Colette & Locatelli, Giorgio & Brookes, Naomi & Davis, Allison, 2020. "Qualitative comparative analysis as a method for project studies: The case of energy infrastructure," Renewable and Sustainable Energy Reviews, Elsevier, vol. 133(C).

  13. Bent Flyvbjerg, 2013. "How Planners Deal with Uncomfortable Knowledge: The Dubious Ethics of the American Planning Association," Papers 1303.7405, arXiv.org.

    Cited by:

    1. Joanna Wai Ying Lee & Wing-Shing Tang, 2017. "The hegemony of the real estate industry: Redevelopment of ‘Government/Institution or Community’ (G/IC) land in Hong Kong," Urban Studies, Urban Studies Journal Limited, vol. 54(15), pages 3403-3422, November.
    2. Linda Fox-Rogers & Enda Murphy, 2016. "Self-perceptions of the role of the planner," Environment and Planning B, , vol. 43(1), pages 74-92, January.
    3. Jessica S Pineda-Zumaran, 2018. "Exploring practitioners’ perception of ethical issues in planning: The Peruvian case," Environment and Planning C, , vol. 36(6), pages 1109-1132, September.
    4. Baudot, Lisa & Cooper, David J., 2022. "Regulatory mandates and responses to uncomfortable knowledge: The case of country-by-country reporting in the extractive sector," Accounting, Organizations and Society, Elsevier, vol. 99(C).
    5. Nicole Gurran & Catherine Gilbert & Peter Phibbs, 2015. "Sustainable development control? Zoning and land use regulations for urban form, biodiversity conservation and green design in Australia," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 58(11), pages 1877-1902, November.
    6. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D., 2018. "Debunking fake news in a post-truth era: The plausible untruths of cost underestimation in transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 357-368.

  14. Bent Flyvbjerg & Alexander Budzier, 2013. "Why Your IT Project Might Be Riskier Than You Think," Papers 1304.0265, arXiv.org, revised Apr 2013.

    Cited by:

    1. Marc Herz & Nicco Krezdorn, 2022. "Epic fail: Exploring project failure’s reasons, outcomes and indicators," Review of Managerial Science, Springer, vol. 16(4), pages 1169-1193, May.

  15. Bent Flyvbjerg, 2013. "Five Misunderstandings About Case-Study Research," Papers 1304.1186, arXiv.org.

    Cited by:

    1. Sixiao Xu, 2018. "Hedge Fund Activism and Corporate Life Stage: Case Studies of High-technology Companies," Journal of Business, LAR Center Press, vol. 3(1), pages 1-12, January.
    2. Natasha Evers, 2010. "Factors influencing the internationalisation of new ventures in the Irish aquaculture industry: An exploratory study," Journal of International Entrepreneurship, Springer, vol. 8(4), pages 392-416, December.
    3. Sarah Schiffling & Claire Hannibal & Matthew Tickle & Yiyi Fan, 2022. "The implications of complexity for humanitarian logistics: a complex adaptive systems perspective," Annals of Operations Research, Springer, vol. 319(1), pages 1379-1410, December.
    4. Mikel AGIRRE-MASKARIANO, 2019. "Resisting Against Speculative Urban Regeneration In The Shrinking City Of Ferrol," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 14(1), pages 5-29, February.
    5. Caitlin McMullin, 2023. "The Persistent Constraints of New Public Management on Sustainable Co-Production between Non-Profit Professionals and Service Users," Administrative Sciences, MDPI, vol. 13(2), pages 1-15, January.
    6. Karl Pajo & Louise Lee, 2011. "Corporate-Sponsored Volunteering: A Work Design Perspective," Journal of Business Ethics, Springer, vol. 99(3), pages 467-482, March.

  16. Chantal C. Cantarelli & Eric J. E. Molin & Bert van Wee & Bent Flyvbjerg, 2013. "Characteristics of Cost Overruns for Dutch Transport Infrastructure Projects and the Importance of the Decision to Build and Project Phases," Papers 1307.2178, arXiv.org, revised Jan 2015.

    Cited by:

    1. Brunes, Fredrik & Lind, Hans, 2014. "Explaining cost overruns in infrastructural projects: A new framework with applications to Sweden," Working Paper Series 14/1, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.
    2. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 0. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 0, pages 1-10.
    3. Bartlomiej Rokicki, 2022. "Cost Underruns in Major Road Transport Infrastructure Projects—The Surprising Experience of Poland," Sustainability, MDPI, vol. 14(21), pages 1-18, November.
    4. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 2020. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(6), pages 1250-1259, December.
    5. Miller, Michael & Szimba, Eckhard, 2015. "How to avoid unrealistic appraisal results? A concept to reflect the occurrence of risk in the appraisal of transport infrastructure projects," Research in Transportation Economics, Elsevier, vol. 49(C), pages 65-75.
    6. Cavalieri, Marina & Cristaudo, Rossana & Guccio, Calogero, 2019. "On the magnitude of cost overruns throughout the project life-cycle: An assessment for the Italian transport infrastructure projects," Transport Policy, Elsevier, vol. 79(C), pages 21-36.
    7. Molinari, Laura & Haezendonck, Elvira & Mabillard, Vincent, 2023. "Cost overruns of Belgian transport infrastructure projects: Analyzing variations over three land transport modes and two project phases," Transport Policy, Elsevier, vol. 134(C), pages 167-179.
    8. Asplund, Disa & Eliasson, Jonas, 2016. "Does uncertainty make cost-benefit analyses pointless?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 92(C), pages 195-205.
    9. Francisco Pinheiro Catalão & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2023. "The entanglement of time and cost deviations in public projects," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(1), pages 241-272, March.
    10. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    11. Dejan Makovšek & Marian Moszoro, 2018. "Risk pricing inefficiency in public–private partnerships," Transport Reviews, Taylor & Francis Journals, vol. 38(3), pages 298-321, May.
    12. Edyta Plebankiewicz, 2018. "Model of Predicting Cost Overrun in Construction Projects," Sustainability, MDPI, vol. 10(12), pages 1-14, November.
    13. Verweij, Stefan & van Meerkerk, Ingmar & Korthagen, Iris A., 2015. "Reasons for contract changes in implementing Dutch transportation infrastructure projects: An empirical exploration," Transport Policy, Elsevier, vol. 37(C), pages 195-202.
    14. Love, Peter E.D. & Zhou, Jingyang & Edwards, David J. & Irani, Zahir & Sing, Chun-Pong, 2017. "Off the rails: The cost performance of infrastructure rail projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 99(C), pages 14-29.
    15. Chong, Uven & Hopkins, Omar, 2016. "An international experience on the evolution of road costs during the project life cycle," Transport Policy, Elsevier, vol. 48(C), pages 60-66.
    16. Adriana Gómez-Cabrera & Amalia Sanz-Benlloch & Laura Montalban-Domingo & Jose Luis Ponz-Tienda & Eugenio Pellicer, 2020. "Identification of Factors Affecting the Performance of Rural Road Projects in Colombia," Sustainability, MDPI, vol. 12(18), pages 1-18, September.
    17. Love, Peter E.D. & Sing, Michael C.P. & Ika, Lavagnon A. & Newton, Sidney, 2019. "The cost performance of transportation projects: The fallacy of the Planning Fallacy account," Transportation Research Part A: Policy and Practice, Elsevier, vol. 122(C), pages 1-20.
    18. Edyta Plebankiewicz & Damian Wieczorek, 2020. "Prediction of Cost Overrun Risk in Construction Projects," Sustainability, MDPI, vol. 12(22), pages 1-15, November.
    19. Raphael Konde Kazungu & Ayyoob Sharifi, 2023. "Investigating Risks to the Implementation of the Great Equatorial Landbridge (GELB) Highway Project across Africa," Sustainability, MDPI, vol. 15(14), pages 1-22, July.
    20. Abeysekara, Baudhi & Perera, Piyaruwan & Chhipi Shrestha, Gyan Kumar & Gunaruwan, Lalithasiri & Kumarage, Amal & Sadiq, Rehan & Hewage, Kasun, 2021. "Improving the capital deployment efficiency: An infrastructure investment planning process in transportation project," Research in Transportation Economics, Elsevier, vol. 88(C).
    21. Morten Skou Nicolaisen & Patrick A. Driscoll, 2016. "An International Review of Ex-Post Project Evaluation Schemes in the Transport Sector," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-33, March.
    22. Servranckx, Tom & Vanhoucke, Mario & Aouam, Tarik, 2021. "Practical application of reference class forecasting for cost and time estimations: Identifying the properties of similarity," European Journal of Operational Research, Elsevier, vol. 295(3), pages 1161-1179.
    23. Makovšek, Dejan, 2014. "Systematic construction risk, cost estimation mechanism and unit price movements," Transport Policy, Elsevier, vol. 35(C), pages 135-145.
    24. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    25. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D. & Irani, Zahir, 2016. "Cost overruns in transportation infrastructure projects: Sowing the seeds for a probabilistic theory of causation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 92(C), pages 184-194.
    26. Catalão, Francisco Pinheiro & Cruz, Carlos Oliveira & Sarmento, Joaquim Miranda, 2019. "The determinants of cost deviations and overruns in transport projects, an endogenous models approach," Transport Policy, Elsevier, vol. 74(C), pages 224-238.
    27. Omotola Awojobi & Glenn P. Jenkins, 2015. "Managing the Cost Overrun Risks of Hydroelectric Dams: An Application of Reference Class Forecasting Techniques," Development Discussion Papers 2015-06, JDI Executive Programs.
    28. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D., 2018. "Debunking fake news in a post-truth era: The plausible untruths of cost underestimation in transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 357-368.
    29. Steininger, Bertram & Groth, Martin & Weber, Birgitte, 2020. "Cost overruns and delays in infrastructure projects: the case of Stuttgart 21," Working Paper Series 20/11, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.
    30. Jarosław Górecki & Manuel Díaz-Madroñero, 2020. "Who Risks and Wins?—Simulated Cost Variance in Sustainable Construction Projects," Sustainability, MDPI, vol. 12(8), pages 1-31, April.
    31. Odeck, James, 2014. "Do reforms reduce the magnitudes of cost overruns in road projects? Statistical evidence from Norway," Transportation Research Part A: Policy and Practice, Elsevier, vol. 65(C), pages 68-79.

  17. Bent Flyvbjerg, 2013. "Measuring Inaccuracy in Travel Demand Forecasting: Methodological Considerations Regarding Ramp Up and Sampling," Papers 1303.7401, arXiv.org.

    Cited by:

    1. Lise Arena & Eamonn Molloy, 2010. "The Governance Paradox in Megaprojects," Post-Print halshs-00721622, HAL.
    2. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    3. Flyvbjerg, Bent, 2018. "Planning Fallacy or Hiding Hand: Which is the Better Explanation?," World Development, Elsevier, vol. 103(C), pages 383-386.
    4. Einat Tenenboim & Nira Munichor & Yoram Shiftan, 2023. "Justifying toll payment with biased travel time estimates: Behavioral findings and route choice modeling," Transportation, Springer, vol. 50(2), pages 477-511, April.
    5. Nicolaisen, Morten Skou & Næss, Petter, 2015. "Roads to nowhere: The accuracy of travel demand forecasts for do-nothing alternatives," Transport Policy, Elsevier, vol. 37(C), pages 57-63.
    6. Love, Peter E.D. & Ika, Lavagnon A. & Ahiaga-Dagbui, Dominic D., 2019. "On de-bunking ‘fake news’ in a post truth era: Why does the Planning Fallacy explanation for cost overruns fall short?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 397-408.
    7. Pavithra Parthasarathi & David Levinson, 2008. "Post-Construction Evaluation of Traffic Forecast Accuracy," Working Papers 201005, University of Minnesota: Nexus Research Group.
    8. Sciara, Gian-Claudia, 2012. "Financing congressional earmarks: Implications for transport policy and planning," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(8), pages 1328-1342.
    9. Bent Flyvbjerg, 2013. "Quality Control and Due Diligence in Project Management: Getting Decisions Right by Taking the Outside View," Papers 1302.2544, arXiv.org.
    10. Huimin Liu & Canhui Jiang & Yan Liu & Marcel Hertogh & Xue Lyu, 2018. "Optimism Bias Evaluation and Decision-Making Risk Forecast on Bridge Project Cost Based on Reference Class Forecasting: Evidence from China," Sustainability, MDPI, vol. 10(11), pages 1-29, October.
    11. Chantal C. Cantarelli & Bent Flybjerg & Eric J. E. Molin & Bert van Wee, 2013. "Cost overruns in Large-Scale Transportation Infrastructure Projects: Explanations and Their Theoretical Embeddedness," Papers 1307.2176, arXiv.org.
    12. Bent Flyvbjerg, 2013. "Cost Overruns and Demand Shortfalls in Urban Rail and Other Infrastructure," Papers 1303.7402, arXiv.org.
    13. Bent Flyvbjerg & Cass R. Sunstein, 2015. "The Principle of the Malevolent Hiding Hand; or, the Planning Fallacy Writ Large," Papers 1509.01526, arXiv.org.
    14. Odeck, James, 2013. "How accurate are national road traffic growth-rate forecasts?—The case of Norway," Transport Policy, Elsevier, vol. 27(C), pages 102-111.
    15. Mouter, Niek & Annema, Jan Anne & van Wee, Bert, 2013. "Ranking the substantive problems in the Dutch Cost–Benefit Analysis practice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 241-255.
    16. Stefano Moroni, 2014. "Grandi e piccole opere Per un?azione pubblica responsabile," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(3), pages 103-112.
    17. Salling, Kim Bang & Banister, David, 2009. "Assessment of large transport infrastructure projects: The CBA-DK model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 43(9-10), pages 800-813, November.
    18. Susilo, Yusak O. & Kitamura, Ryuichi, 2008. "Structural changes in commuters' daily travel: The case of auto and transit commuters in the Osaka metropolitan area of Japan, 1980-2000," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(1), pages 95-115, January.
    19. Massimo Florio & Silvia Vignetti, 2013. "The use of ex post Cost-Benefit Analysis to assess the long-term effects of Major Infrastructure Projects," Working Papers 201302, CSIL Centre for Industrial Studies.
    20. Penyalver, Domingo & Turró, Mateu & Williamson, John B., 2019. "Measuring the value for money of transport infrastructure procurement; an intergenerational approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 119(C), pages 238-254.
    21. West , Jens & Börjesson , Maria & Engelson , Leonid, 2016. "Forecasting effects of congestion charges," Working papers in Transport Economics 2016:9, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    22. Hoque, Jawad Mahmud & Erhardt, Gregory D. & Schmitt, David & Chen, Mei & Wachs, Martin, 2021. "Estimating the uncertainty of traffic forecasts from their historical accuracy," Transportation Research Part A: Policy and Practice, Elsevier, vol. 147(C), pages 339-349.
    23. Hugosson, Muriel Beser, 2005. "Quantifying uncertainties in a national forecasting model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(6), pages 531-547, July.
    24. Sevcíková, Hana & Raftery, Adrian E. & Waddell, Paul A., 2011. "Uncertain benefits: Application of Bayesian melding to the Alaskan Way Viaduct in Seattle," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(6), pages 540-553, July.
    25. Olsson, Nils O.E. & Krane, Hans Petter & Rolstadås, Asbjørn & Veiseth, Mads, 2010. "Influence of reference points in ex post evaluations of rail infrastructure projects," Transport Policy, Elsevier, vol. 17(4), pages 251-258, August.
    26. Manzo, Stefano & Nielsen, Otto Anker & Prato, Carlo Giacomo, 2015. "How uncertainty in input and parameters influences transport model :output A four-stage model case-study," Transport Policy, Elsevier, vol. 38(C), pages 64-72.
    27. Carole Turley Voulgaris, 2020. "Trust in forecasts? Correlates with ridership forecast accuracy for fixed-guideway transit projects," Transportation, Springer, vol. 47(5), pages 2439-2477, October.
    28. Bent Flyvbjerg & Eamonn Molloy, 2011. "Delusion, Deception and Corruption in Major Infrastructure Projects: Causes, Consequences and Cures," Chapters, in: Susan Rose-Ackerman & Tina Søreide (ed.), International Handbook on the Economics of Corruption, Volume Two, chapter 3, Edward Elgar Publishing.
    29. Brett Crowe, 2014. "Toll road Traffic Forecasts, Their Failures and How to Fix Them," Development Discussion Papers 2014-09, JDI Executive Programs.
    30. Penyalver, Domingo & Turró, Mateu & Zavala-Rojas, Diana, 2018. "Intergenerational perception of the utility of major transport projects," Research in Transportation Economics, Elsevier, vol. 70(C), pages 97-111.
    31. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany.
    32. Hironori Kato & Yuichiro Kaneko & Masashi Inoue, 2010. "Comparative analysis of transit assignment: evidence from urban railway system in the Tokyo Metropolitan Area," Transportation, Springer, vol. 37(5), pages 775-799, September.

  18. Bent Flyvbjerg & Nils Bruzelius & Werner Rothengatter, 2013. "Megaprojects and Risk: An Anatomy of Ambition," Papers 1303.7404, arXiv.org.

    Cited by:

    1. Mälkönen, Ville, 2008. "Optimal Public Procurement Contracts Under a Soft Budget Constraint," Discussion Papers 464, VATT Institute for Economic Research.
    2. Pilon, André Francisco, 2008. "Building new frontiers: An ecosystemic approach to development, culture, education, environment and quality of life," MPRA Paper 10816, University Library of Munich, Germany.
    3. A. Premchand, 2003. "Ethical Dimensions of Public Expenditure Management," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0314, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    4. Gines De RUS, 2006. "Economic evaluation and incentives in transport infrastructure investment," Departmental Working Papers 2006-25, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    5. Stanley Engerman & Kenneth L. Sokoloff, 2004. "Digging the Dirt at Public Expense: Governance in the Building of the Erie Canal and Other Public Works," NBER Working Papers 10965, National Bureau of Economic Research, Inc.
    6. Kortazar, Andoni & Bueno, Gorka & Hoyos, David, 2021. "Environmental balance of the high speed rail network in Spain: A Life Cycle Assessment approach," Research in Transportation Economics, Elsevier, vol. 90(C).
    7. Robert Bain, 2010. "Public sector comparators for UK PFI roads: inside the black box," Transportation, Springer, vol. 37(3), pages 447-471, May.

  19. Bent Flyvbjerg, 2013. "Survival of the Unfittest: Why the Worst Infrastructure Gets Built, And What We Can Do about It," Papers 1303.6571, arXiv.org.

    Cited by:

    1. Manchala, Ravibabu & Vagvala, Phani Sree, 2012. "Distortions in infrastructure development in urban transport in India: How to remedy it?," MPRA Paper 22874, University Library of Munich, Germany.
    2. Nicola Francesco Dotti, 2018. "Knowledge that matters for the 'survival of unfittest’: The case of the new Brussels' rail junction," ULB Institutional Repository 2013/266990, ULB -- Universite Libre de Bruxelles.
    3. Ika, Lavagnon A., 2018. "Beneficial or Detrimental Ignorance: The Straw Man Fallacy of Flyvbjerg’s Test of Hirschman’s Hiding Hand," World Development, Elsevier, vol. 103(C), pages 369-382.
    4. Lundberg, Mattias & Jenpanitsub, Anchalee & Pyddoke, Roger, 2011. "Cost overruns in Swedish transport projects," Working papers in Transport Economics 2011:11, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    5. Bent Flyvbjerg, 2014. "What You Should Know About Megaprojects, and Why: An Overview," Papers 1409.0003, arXiv.org.
    6. Lehtonen, Markku, 2019. "Ecological Economics and Opening up of Megaproject Appraisal: Lessons From Megaproject Scholarship and Topics for a Research Programme," Ecological Economics, Elsevier, vol. 159(C), pages 148-156.
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    5. Christoph H. Loch, 2017. "Creativity and Risk Taking Aren't Rational: Behavioral Operations in MOT," Production and Operations Management, Production and Operations Management Society, vol. 26(4), pages 591-604, April.
    6. Bartlomiej Rokicki, 2022. "Cost Underruns in Major Road Transport Infrastructure Projects—The Surprising Experience of Poland," Sustainability, MDPI, vol. 14(21), pages 1-18, November.
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    53. Agnieszka Huterska, 2017. "Public-Private Partnership in Building Sustainable Development of the Kuyavian-Pomeranian Voivodship," European Journal of Interdisciplinary Studies Articles, Revistia Research and Publishing, vol. 3, September.
    54. Chung, Demi & Hensher, David A. & Rose, John M., 2010. "Toward the betterment of risk allocation: Investigating risk perceptions of Australian stakeholder groups to public-private-partnership tollroad projects," Research in Transportation Economics, Elsevier, vol. 30(1), pages 43-58.
    55. Chi, Sae & Bunker, Jonathan, 2021. "An Australian perspective on real-life cost-benefit analysis and assessment frameworks for transport infrastructure investments," Research in Transportation Economics, Elsevier, vol. 88(C).
    56. Chiara Pancotti & Matteo Pedralli & Geert Smit & Silvia Vignetti, 2020. "Understanding transport project appraisal in its institutional dimension," Working Papers 201902, CSIL Centre for Industrial Studies.
    57. Thomas Feldhoff, 2018. "Visual Representations of Radiation Risk and the Question of Public (Mis-)Trust in Post-Fukushima Japan," Societies, MDPI, vol. 8(2), pages 1-20, May.
    58. Konrad Nübel & Michael Max Bühler & Thorsten Jelinek, 2021. "Federated Digital Platforms: Value Chain Integration for Sustainable Infrastructure Planning and Delivery," Sustainability, MDPI, vol. 13(16), pages 1-17, August.
    59. Jiang, Hanchen & Qiang, Maoshan & Fan, Qixiang & Zhang, Mengqing, 2018. "Scientific research driven by large-scale infrastructure projects: A case study of the Three Gorges Project in China," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 61-71.
    60. Rodolfo Garcia Sierra & Alvaro Zerda Sarmiento, 2016. "Hydropower Megaprojects in Colombia and the Influence of Local Communities: A View from Prospect Theory to Decision Making Process based on Expert Judgment used in Large Organizations," International Journal of Energy Economics and Policy, Econjournals, vol. 6(3), pages 408-420.
    61. Marina Cavalieri & Calogero Guccio & Domenico Lisi & Ilde Rizzo, 2020. "Does Institutional Quality Matter for Infrastructure Provision? A Non-parametric Analysis for Italian Municipalities," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 6(3), pages 521-562, November.
    62. Najoua Dali & Sana Harbi, 2016. "The Effect of Risk Perception and Cognitive Biases on the Evaluation of Opportunity in Family and Non-Family Entrepreneurs: The Case of Tunisian Entrepreneurs," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(03), pages 281-312, September.
    63. Servranckx, Tom & Vanhoucke, Mario & Aouam, Tarik, 2021. "Practical application of reference class forecasting for cost and time estimations: Identifying the properties of similarity," European Journal of Operational Research, Elsevier, vol. 295(3), pages 1161-1179.
    64. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    65. Kelly, Charlotte & Laird, James & Costantini, Stefano & Richards, Phil & Carbajo, José & Nellthorp, John, 2015. "Ex post appraisal: What lessons can be learnt from EU cohesion funded transport projects?," Transport Policy, Elsevier, vol. 37(C), pages 83-91.
    66. Omotola Awojobi & Glenn P. Jenkins, 2015. "Managing the Cost Overrun Risks of Hydroelectric Dams: An Application of Reference Class Forecasting Techniques," Development Discussion Papers 2015-06, JDI Executive Programs.
    67. Boeing, Geoff, 2017. "Methods and Measures for Analyzing Complex Street Networks and Urban Form," SocArXiv 93h82, Center for Open Science.
    68. Joseph Sturm & Mashrur Chowdhury & Anne Dunning & Jennifer Ogle, 2011. "Analysis of cost estimation disclosure in environmental impact statements for surface transportation projects," Transportation, Springer, vol. 38(3), pages 525-544, May.
    69. Suchi Kapoor Malhotra & Howard White & Nina Ashley O. Dela Cruz & Ashrita Saran & John Eyers & Denny John & Ella Beveridge & Nina Blöndal, 2021. "Studies of the effectiveness of transport sector interventions in low‐ and middle‐income countries: An evidence and gap map," Campbell Systematic Reviews, John Wiley & Sons, vol. 17(4), December.
    70. Colin Turner, 2018. "The governance of polycentric national infrastructure systems: Evidence from the UK National Infrastructure Plan," Environment and Planning C, , vol. 36(3), pages 513-529, May.
    71. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D., 2018. "Debunking fake news in a post-truth era: The plausible untruths of cost underestimation in transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 357-368.
    72. Locatelli, Giorgio & Mancini, Mauro, 2010. "Small-medium sized nuclear coal and gas power plant: A probabilistic analysis of their financial performances and influence of CO2 cost," Energy Policy, Elsevier, vol. 38(10), pages 6360-6374, October.
    73. Beria, Paolo & Grimaldi, Raffaele & Albalate, Daniel & Bel, Germà, 2018. "Delusions of success: Costs and demand of high-speed rail in Italy and Spain," Transport Policy, Elsevier, vol. 68(C), pages 63-79.
    74. Kerkman, Kasper & Martens, Karel & Meurs, Henk, 2018. "Predicting travel flows with spatially explicit aggregate models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 68-88.
    75. Tajani, Francesco & Morano, Pierluigi & Di Liddo, Felicia, 2020. "The optimal combinations of the eligible functions in multiple property assets enhancement," Land Use Policy, Elsevier, vol. 99(C).
    76. Odeck, James, 2014. "Do reforms reduce the magnitudes of cost overruns in road projects? Statistical evidence from Norway," Transportation Research Part A: Policy and Practice, Elsevier, vol. 65(C), pages 68-79.
    77. Zhou, You & Zhang, Lingzhu & Chiaradia, Alain J F, 2021. "An adaptation of reference class forecasting for the assessment of large-scale urban planning vision, a SEM-ANN approach to the case of Hong Kong Lantau tomorrow," Land Use Policy, Elsevier, vol. 109(C).

  21. Bent Flyvbjerg, 2013. "Quality Control and Due Diligence in Project Management: Getting Decisions Right by Taking the Outside View," Papers 1302.2544, arXiv.org.

    Cited by:

    1. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    2. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 0. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 0, pages 1-10.
    3. Ika, Lavagnon A., 2018. "Beneficial or Detrimental Ignorance: The Straw Man Fallacy of Flyvbjerg’s Test of Hirschman’s Hiding Hand," World Development, Elsevier, vol. 103(C), pages 369-382.
    4. Bent Flyvbjerg & Alexander Budzier, 2019. "Report for the Commission of Inquiry Respecting the Muskrat Falls Project," Papers 1901.03698, arXiv.org.
    5. Bent Flyvbjerg, 2014. "What You Should Know About Megaprojects, and Why: An Overview," Papers 1409.0003, arXiv.org.
    6. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 2020. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(6), pages 1250-1259, December.
    7. Alexander Budzier & Bent Flyvbjerg & Andi Garavaglia & Andreas Leed, 2019. "Quantitative Cost and Schedule Risk Analysis of Nuclear Waste Storage," Papers 1901.11123, arXiv.org.
    8. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    9. Armstrong, J. Scott & Green, Kesten C. & Graefe, Andreas, 2015. "Golden rule of forecasting: Be conservative," Journal of Business Research, Elsevier, vol. 68(8), pages 1717-1731.
    10. Einat Tenenboim & Nira Munichor & Yoram Shiftan, 2023. "Justifying toll payment with biased travel time estimates: Behavioral findings and route choice modeling," Transportation, Springer, vol. 50(2), pages 477-511, April.
    11. Sainati, Tristano & Locatelli, Giorgio & Smith, Nigel, 2019. "Project financing in nuclear new build, why not? The legal and regulatory barriers," Energy Policy, Elsevier, vol. 129(C), pages 111-119.
    12. Vicente Alcaraz Carrillo de Albornoz & Juan Molina Millán & Antonio Lorenzo Lara Galera & Belén Muñoz-Medina, 2022. "A Dysfunctional Legal Framework for Failed Public–Private Partnership Projects: Accounting or Economics?," Social Sciences, MDPI, vol. 11(12), pages 1-12, November.
    13. Meyer, Kevin, 2016. "Immobilienbeschaffung durch lebenszyklusübergreifende Wertschöpfungspartnerschaften: Empirische Analyse der Chancen und Risiken betrieblicher Immobiliennutzer," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 81267, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    14. Anatoliy Kovalyov & Olha Vynokurova, 2017. "Practical Guideline for the Restructuring of Enterprises Involving Consulting Services (on the Example of Ukrainian Industrial Enterprises)," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2017(3), pages 171-189.
    15. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    16. Ginés de Rus, 2014. "The economic evaluation of infrastructure investment. Some inescapable tradeoffs," Working Papers 2014-16, FEDEA.
    17. Bent Flyvbjerg & Cass R. Sunstein, 2015. "The Principle of the Malevolent Hiding Hand; or, the Planning Fallacy Writ Large," Papers 1509.01526, arXiv.org.
    18. Ceric Anita & Ivic Ivona, 2021. "Network analysis of interconnections between theoretical concepts associated with principal–agent theory concerning construction projects," Organization, Technology and Management in Construction, Sciendo, vol. 13(1), pages 2450-2464, January.
    19. Kim, Kangsoo & Baek, Seunghan & Cho, Hyejin, 2021. "Impact of a Preliminary Feasibility Study on the accuracy of traffic forecasts in the case of Korea," Transportation Research Part A: Policy and Practice, Elsevier, vol. 147(C), pages 197-211.
    20. Chiara Pancotti & Matteo Pedralli & Geert Smit & Silvia Vignetti, 2020. "Understanding transport project appraisal in its institutional dimension," Working Papers 201902, CSIL Centre for Industrial Studies.
    21. Khwaja Mateen Mazher & Albert P. C. Chan & Rafiq M. Choudhry & Hafiz Zahoor & David J. Edwards & Ahmed M. Ghaithan & Awsan Mohammed & Mubashir Aziz, 2022. "Identifying Measures of Effective Risk Management for Public–Private Partnership Infrastructure Projects in Developing Countries," Sustainability, MDPI, vol. 14(21), pages 1-19, October.
    22. Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2021. "Regression to the tail: Why the Olympics blow up," Environment and Planning A, , vol. 53(2), pages 233-260, March.
    23. Solvoll, Gisle & Mathisen, Terje Andreas & Welde, Morten, 2020. "Forecasting air traffic demand for major infrastructure changes," Research in Transportation Economics, Elsevier, vol. 82(C).
    24. Thordur Vikingur FRIDGEIRSSON, 2016. "Reference Class Forecasting In Icelandic Transport Infrastructure Projects," Transport Problems, Silesian University of Technology, Faculty of Transport, vol. 11(2), pages 103-115, June.
    25. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D., 2018. "Debunking fake news in a post-truth era: The plausible untruths of cost underestimation in transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 357-368.
    26. de Rus Ginés & Socorro M. Pilar, 2017. "Planning, Evaluation and Financing of Transport Infrastructures: Rethinking the Basics," Review of Network Economics, De Gruyter, vol. 16(2), pages 143-160, June.
    27. Locatelli, Giorgio & Mancini, Mauro & Todeschini, Nicola, 2013. "Generation IV nuclear reactors: Current status and future prospects," Energy Policy, Elsevier, vol. 61(C), pages 1503-1520.
    28. Dutta, Debprotim & Bose, Indranil, 2015. "Managing a Big Data project: The case of Ramco Cements Limited," International Journal of Production Economics, Elsevier, vol. 165(C), pages 293-306.

  22. Bent Flyvbjerg & Nils Bruzelius & Bert van Wee, 2013. "Comparison of Capital Costs per Route-Kilometre in Urban Rail," Papers 1303.6569, arXiv.org.

    Cited by:

    1. Mahmoud Owais & Abdou S. Ahmed & Ghada S. Moussa & Ahmed A. Khalil, 2020. "An Optimal Metro Design for Transit Networks in Existing Square Cities Based on Non-Demand Criterion," Sustainability, MDPI, vol. 12(22), pages 1-28, November.
    2. Zhijunjie Zhai & Minfeng Yao & Yueying Li, 2022. "Evaluation of Land-Use Layout of the Rail Station Area Based on the Difference in Noise Sensitivity to Rail Transit, Taking a Suburb of Tokyo as an Example," Sustainability, MDPI, vol. 14(13), pages 1-23, June.
    3. Telan Wu & Hui Jin & Xiaoguang Yang, 2022. "To What Extent May Transit Stop Spacing Be Increased before Driving Away Riders? Referring to Evidence of the 2017 NHTS in the United States," Sustainability, MDPI, vol. 14(10), pages 1-19, May.
    4. Calabrò, Giovanni & Araldo, Andrea & Oh, Simon & Seshadri, Ravi & Inturri, Giuseppe & Ben-Akiva, Moshe, 2023. "Adaptive transit design: Optimizing fixed and demand responsive multi-modal transportation via continuous approximation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 171(C).
    5. Cats, Oded & Birch, Nigel, 2021. "Multi-modal network evolution in polycentric regions," Journal of Transport Geography, Elsevier, vol. 96(C).

  23. Bent Flyvbjerg, 2013. "From Nobel Prize to Project Management: Getting Risks Right," Papers 1302.3642, arXiv.org.

    Cited by:

    1. Constanta-Nicoleta BODEA & Melania COMAN, 2009. "Competence Development in IT Projects through Education and Training Programmes," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(3), pages 427-435, July.

  24. Bent Flyvbjerg & Mette K. Skamris Holm & S{o}ren L. Buhl, 2013. "What Causes Cost Overrun in Transport Infrastructure Projects?"," Papers 1304.4476, arXiv.org.

    Cited by:

    1. Nicole Adler & Chris Nash & Eric Pels, 2008. "High-Speed Rail & Air Transport Competition," Tinbergen Institute Discussion Papers 08-103/3, Tinbergen Institute.
    2. Daniel Gurara & Mr. Kangni R Kpodar & Mr. Andrea F Presbitero & Dawit Tessema, 2020. "On the Capacity to Absorb Public Investment: How Much is Too Much?," IMF Working Papers 2020/048, International Monetary Fund.
    3. Gines De RUS, 2006. "Economic evaluation and incentives in transport infrastructure investment," Departmental Working Papers 2006-25, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    4. Campos, Javier & de Rus, Ginés, 2009. "Some stylized facts about high-speed rail: A review of HSR experiences around the world," Transport Policy, Elsevier, vol. 16(1), pages 19-28, January.
    5. Adler, Nicole & Pels, Eric & Nash, Chris, 2010. "High-speed rail and air transport competition: Game engineering as tool for cost-benefit analysis," Transportation Research Part B: Methodological, Elsevier, vol. 44(7), pages 812-833, August.
    6. Adriana Gómez-Cabrera & Amalia Sanz-Benlloch & Laura Montalban-Domingo & Jose Luis Ponz-Tienda & Eugenio Pellicer, 2020. "Identification of Factors Affecting the Performance of Rural Road Projects in Colombia," Sustainability, MDPI, vol. 12(18), pages 1-18, September.
    7. de Rus, Gines & Nash, C.A., 2007. "In what circumstances is investment in HSR worthwhile?," MPRA Paper 8044, University Library of Munich, Germany.
    8. Ofelia Betancor & Gerard Llobet, 2015. "Contabilidad Financiera y Social de la Alta Velocidad en Espana," Studies on the Spanish Economy eee2015-08, FEDEA.
    9. Gurara, Daniel & Kpodar, Kangni & Presbitero, Andrea F. & Tessema, Dawit, 2021. "On the capacity to absorb public investment: How much is too much?☆," World Development, Elsevier, vol. 145(C).
    10. de Rus, Gines, 2006. "Infraestructuras: más iniciativa privada y mejor sector público [Infrastructure: more private participation and better public sector]," MPRA Paper 12000, University Library of Munich, Germany.
    11. Joseph Sturm & Mashrur Chowdhury & Anne Dunning & Jennifer Ogle, 2011. "Analysis of cost estimation disclosure in environmental impact statements for surface transportation projects," Transportation, Springer, vol. 38(3), pages 525-544, May.

  25. Bent Flyvbjerg & Massimo Garbuio & Dan Lovallo, 2013. "Delusion and Deception in Large Infrastructure Projects: Two Models for Explaining and Preventing Executive Disaster," Papers 1303.7403, arXiv.org.

    Cited by:

    1. Sebastian Zwalf, 2022. "Managing goal conflict. The case of agency theory in the policy settings for public–private partnerships; A perspective on citizen and government interests," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 93(4), pages 913-930, December.

  26. Alexander Budzier & Bent Flyvbjerg, 2013. "Overspend? Late? Failure? What the Data Say About IT Project Risk in the Public Sector," Papers 1304.4525, arXiv.org, revised Jun 2013.

    Cited by:

    1. Bianchi, Mattia & Marzi, Giacomo & Guerini, Massimiliano, 2020. "Agile, Stage-Gate and their combination: Exploring how they relate to performance in software development," Journal of Business Research, Elsevier, vol. 110(C), pages 538-553.

  27. Chantal C. Cantarelli & Bent Flybjerg & Bert van Wee & Eric J. E. Molin, 2013. "Lock-in and Its Influence on the Project Performance of Large-Scale Transportation Infrastructure Projects. Investigating the Way in Which Lock-in Can Emerge and Affect Cost Overruns," Papers 1307.2177, arXiv.org.

    Cited by:

    1. Chantal C. Cantarelli & Bert van Wee & Eric J. E. Molin & Bent Flyvbjerg, 2013. "Different Cost Performance: Different Determinants? The Case of Cost Overruns in Dutch Transportation Infrastructure Projects," Papers 1307.2179, arXiv.org, revised Jan 2015.
    2. Cantarelli, C.C. & van Wee, B. & Molin, E.J.E. & Flyvbjerg, B., 2012. "Different cost performance: different determinants?," Transport Policy, Elsevier, vol. 22(C), pages 88-95.
    3. Nicola Francesco Dotti, 2018. "Knowledge that matters for the 'survival of unfittest’: The case of the new Brussels' rail junction," ULB Institutional Repository 2013/266990, ULB -- Universite Libre de Bruxelles.
    4. Bent Flyvbjerg, 2014. "What You Should Know About Megaprojects, and Why: An Overview," Papers 1409.0003, arXiv.org.
    5. Cantarelli, C.C. & Molin, E.J.E. & van Wee, B. & Flyvbjerg, B., 2012. "Characteristics of cost overruns for Dutch transport infrastructure projects and the importance of the decision to build and project phases," Transport Policy, Elsevier, vol. 22(C), pages 49-56.
    6. Daniel Albalate & Germá Bel, 2015. "La experiencia internacional en alta velocidad ferroviaria," Working Papers 2015-02, FEDEA.
    7. Bert van Wee & Piet Rietveld, 2013. "CBA: ex ante evaluation of mega-projects," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 12, pages 269-290, Edward Elgar Publishing.
    8. Marleau Donais, Francis & Abi-Zeid, Irène & Waygood, E. Owen D. & Lavoie, Roxane, 2022. "Municipal decision-making for sustainable transportation: Towards improving current practices for street rejuvenation in Canada," Transportation Research Part A: Policy and Practice, Elsevier, vol. 156(C), pages 152-170.
    9. Hugo Priemus & Bert van Wee (ed.), 2013. "International Handbook on Mega-Projects," Books, Edward Elgar Publishing, number 14791.
    10. Bent Flyvbjerg, 2013. "Quality Control and Due Diligence in Project Management: Getting Decisions Right by Taking the Outside View," Papers 1302.2544, arXiv.org.
    11. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    12. Giezen, Mendel & Salet, Willem & Bertolini, Luca, 2015. "Adding value to the decision-making process of mega projects: Fostering strategic ambiguity, redundancy, and resilience," Transport Policy, Elsevier, vol. 44(C), pages 169-178.
    13. Chantal C. Cantarelli & Bent Flyvbjerg, 2013. "Mega-projects’ cost performance and lock-in: problems and solutions," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 15, pages 333-355, Edward Elgar Publishing.
    14. Love, Peter E.D. & Sing, Michael C.P. & Ika, Lavagnon A. & Newton, Sidney, 2019. "The cost performance of transportation projects: The fallacy of the Planning Fallacy account," Transportation Research Part A: Policy and Practice, Elsevier, vol. 122(C), pages 1-20.
    15. Chiara Pancotti & Matteo Pedralli & Geert Smit & Silvia Vignetti, 2020. "Understanding transport project appraisal in its institutional dimension," Working Papers 201902, CSIL Centre for Industrial Studies.
    16. Abeysekara, Baudhi & Perera, Piyaruwan & Chhipi Shrestha, Gyan Kumar & Gunaruwan, Lalithasiri & Kumarage, Amal & Sadiq, Rehan & Hewage, Kasun, 2021. "Improving the capital deployment efficiency: An infrastructure investment planning process in transportation project," Research in Transportation Economics, Elsevier, vol. 88(C).
    17. EEA Wolf & Wouter Van Dooren, 2018. "‘Time to move on’ or ‘taking more time’? How disregarding multiple perspectives on time can increase policy-making conflict," Environment and Planning C, , vol. 36(2), pages 340-356, March.

  28. Chantal C. Cantarelli & Bent Flybjerg & Eric J. E. Molin & Bert van Wee, 2013. "Cost overruns in Large-Scale Transportation Infrastructure Projects: Explanations and Their Theoretical Embeddedness," Papers 1307.2176, arXiv.org.

    Cited by:

    1. Zhang, Yijia & Cheng, Lu, 2023. "The role of transport infrastructure in economic growth: Empirical evidence in the UK," Transport Policy, Elsevier, vol. 133(C), pages 223-233.
    2. Francisco Pinheiro Catalão & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2023. "Public Sector Corruption and Accountability in Cost Deviations and Overruns of Public Projects," Public Organization Review, Springer, vol. 23(3), pages 1105-1126, September.
    3. Kirchherr, Julian & Ahrenshop, Mats-Philip & Charles, Katrina, 2019. "Resettlement lies: Suggestive evidence from 29 large dam projects," World Development, Elsevier, vol. 114(C), pages 208-219.
    4. Giuliano Marella & Valentina Antoniucci, 2019. "Time Overrun in Public Works—Evidence from North-East Italy," Sustainability, MDPI, vol. 11(24), pages 1-17, December.
    5. Joseph Sturm & Mashrur Chowdhury & Anne Dunning & Jennifer Ogle, 2011. "Analysis of cost estimation disclosure in environmental impact statements for surface transportation projects," Transportation, Springer, vol. 38(3), pages 525-544, May.

  29. Chantal C. Cantarelli & Bent Flyvbjerg & S{o}ren L. Buhl, 2013. "Geographical Variation in Project Cost Performance: The Netherlands versus Worldwide," Papers 1307.2181, arXiv.org.

    Cited by:

    1. Brunes, Fredrik & Lind, Hans, 2014. "Explaining cost overruns in infrastructural projects: A new framework with applications to Sweden," Working Paper Series 14/1, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.
    2. Rothengatter, Werner, 2019. "Megaprojects in transportation networks," Transport Policy, Elsevier, vol. 75(C), pages 1-15.
    3. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    4. Cavalieri, Marina & Cristaudo, Rossana & Guccio, Calogero, 2019. "On the magnitude of cost overruns throughout the project life-cycle: An assessment for the Italian transport infrastructure projects," Transport Policy, Elsevier, vol. 79(C), pages 21-36.
    5. Saule Baurzhan & Glenn P. Jenkins & Godwin O. Olasehinde-Williams, 2021. "The Economic Performance of Hydropower Dams Supported by the World Bank Group, 1975–2015," Energies, MDPI, vol. 14(9), pages 1-22, May.
    6. Saule Baurzhan & Glenn Jenkins & Godwin O. Olasehinde-Williams, 2021. "The Economic Performance of Hydropower Dams Supported by the World Bank Group, 1975–2015," Working Paper 1463, Economics Department, Queen's University.
    7. Molinari, Laura & Haezendonck, Elvira & Mabillard, Vincent, 2023. "Cost overruns of Belgian transport infrastructure projects: Analyzing variations over three land transport modes and two project phases," Transport Policy, Elsevier, vol. 134(C), pages 167-179.
    8. Miranda Sarmento, J.J. & Renneboog, Luc, 2017. "Cost overruns in public sector investment projects," Other publications TiSEM 51799a3e-4c78-4dbd-b330-b, Tilburg University, School of Economics and Management.
    9. Gabriela Dufková, 2022. "Time and Budget Overruns on Czech International Development Projects," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 70(7-8), pages 622-645, July.
    10. Francisco Pinheiro Catalão & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2023. "The entanglement of time and cost deviations in public projects," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(1), pages 241-272, March.
    11. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    12. Dejan Makovšek & Marian Moszoro, 2018. "Risk pricing inefficiency in public–private partnerships," Transport Reviews, Taylor & Francis Journals, vol. 38(3), pages 298-321, May.
    13. Verweij, Stefan & van Meerkerk, Ingmar & Korthagen, Iris A., 2015. "Reasons for contract changes in implementing Dutch transportation infrastructure projects: An empirical exploration," Transport Policy, Elsevier, vol. 37(C), pages 195-202.
    14. Love, Peter E.D. & Zhou, Jingyang & Edwards, David J. & Irani, Zahir & Sing, Chun-Pong, 2017. "Off the rails: The cost performance of infrastructure rail projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 99(C), pages 14-29.
    15. Chong, Uven & Hopkins, Omar, 2016. "An international experience on the evolution of road costs during the project life cycle," Transport Policy, Elsevier, vol. 48(C), pages 60-66.
    16. Love, Peter E.D. & Sing, Michael C.P. & Ika, Lavagnon A. & Newton, Sidney, 2019. "The cost performance of transportation projects: The fallacy of the Planning Fallacy account," Transportation Research Part A: Policy and Practice, Elsevier, vol. 122(C), pages 1-20.
    17. Agnieszka Huterska, 2017. "Public-Private Partnership in Building Sustainable Development of the Kuyavian-Pomeranian Voivodship," European Journal of Interdisciplinary Studies Articles, Revistia Research and Publishing, vol. 3, September.
    18. Locatelli, Giorgio & Invernizzi, Diletta Colette & Brookes, Naomi J., 2017. "Project characteristics and performance in Europe: An empirical analysis for large transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 98(C), pages 108-122.
    19. Servranckx, Tom & Vanhoucke, Mario & Aouam, Tarik, 2021. "Practical application of reference class forecasting for cost and time estimations: Identifying the properties of similarity," European Journal of Operational Research, Elsevier, vol. 295(3), pages 1161-1179.
    20. Makovšek, Dejan, 2014. "Systematic construction risk, cost estimation mechanism and unit price movements," Transport Policy, Elsevier, vol. 35(C), pages 135-145.
    21. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    22. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D. & Irani, Zahir, 2016. "Cost overruns in transportation infrastructure projects: Sowing the seeds for a probabilistic theory of causation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 92(C), pages 184-194.
    23. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does Infrastructure Investment Lead to Economic Growth or Economic Fragility? Evidence from China," Papers 1609.00415, arXiv.org.
    24. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D., 2018. "Debunking fake news in a post-truth era: The plausible untruths of cost underestimation in transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 357-368.
    25. Steininger, Bertram & Groth, Martin & Weber, Birgitte, 2020. "Cost overruns and delays in infrastructure projects: the case of Stuttgart 21," Working Paper Series 20/11, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.

  30. Flyvbjerg, Bent & Holm, Mette Skamris & Buhl, Søren, 2006. "Underestimating Costs in Public Works Projects: Error or Lie?," University of California Transportation Center, Working Papers qt98r01936, University of California Transportation Center.

    Cited by:

    1. Estache, Antonio & Iimi, Atsushi, 2008. "Bidder asymmetry in infrastructure procurement : are there any fringe bidders ?," Policy Research Working Paper Series 4660, The World Bank.
    2. Elizabeth Brubaker, 2011. "A Bridge Over Troubled Waters: Alternative Financing and Delivery of Water and Wastewater Services," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 330, May.
    3. Ginés de Rus, 2014. "The economic evaluation of infrastructure investment. Some inescapable tradeoffs," Working Papers 2014-16, FEDEA.
    4. Joseph Sturm & Mashrur Chowdhury & Anne Dunning & Jennifer Ogle, 2011. "Analysis of cost estimation disclosure in environmental impact statements for surface transportation projects," Transportation, Springer, vol. 38(3), pages 525-544, May.
    5. Sergey Belev & Olga Boldareva & Ilya Sokolov & Anna Zolotareva, 2013. "Features of the Public Procurements of Innovation Products in Russian and the World," Published Papers 166, Gaidar Institute for Economic Policy, revised 2013.

Articles

  1. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    See citations under working paper version above.
  2. Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2021. "Regression to the tail: Why the Olympics blow up," Environment and Planning A, , vol. 53(2), pages 233-260, March.
    See citations under working paper version above.
  3. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Molin, Eric & Rønnest, Arne & Stewa, 2019. "On de-bunking “Fake News” in the post-truth era: How to reduce statistical error in research," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 409-411.

    Cited by:

    1. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.

  4. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.

    Cited by:

    1. Zhenhan Ding & Xun Liu & Zhiyuan Xue & Xiaobo Li, 2023. "Expert Opinion on the Key Influencing Factors of Cost Control for Water Engineering Contractors," Sustainability, MDPI, vol. 15(8), pages 1-14, April.
    2. Estache, Antonio & Foucart, Renaud & Serebrisky, Tomás, 2022. "When can lotteries improve public procurement processes?," IDB Publications (Working Papers) 12484, Inter-American Development Bank.
    3. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    4. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Molin, Eric & Rønnest, Arne & Stewa, 2019. "On de-bunking “Fake News” in the post-truth era: How to reduce statistical error in research," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 409-411.
    5. Cavalieri, Marina & Cristaudo, Rossana & Guccio, Calogero, 2019. "On the magnitude of cost overruns throughout the project life-cycle: An assessment for the Italian transport infrastructure projects," Transport Policy, Elsevier, vol. 79(C), pages 21-36.
    6. Love, Peter E.D. & Ika, Lavagnon A. & Ahiaga-Dagbui, Dominic D., 2019. "On de-bunking ‘fake news’ in a post truth era: Why does the Planning Fallacy explanation for cost overruns fall short?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 397-408.
    7. Giuliano Marella & Valentina Antoniucci, 2019. "Time Overrun in Public Works—Evidence from North-East Italy," Sustainability, MDPI, vol. 11(24), pages 1-17, December.
    8. Ivona Ivić & Anita Cerić, 2023. "Risks Caused by Information Asymmetry in Construction Projects: A Systematic Literature Review," Sustainability, MDPI, vol. 15(13), pages 1-25, June.
    9. Isaac Akomea-Frimpong & Xiaohua Jin & Robert Osei-Kyei, 2022. "Mapping Studies on Sustainability in the Performance Measurement of Public-Private Partnership Projects: A Systematic Review," Sustainability, MDPI, vol. 14(12), pages 1-20, June.
    10. Penyalver, Domingo & Turró, Mateu & Williamson, John B., 2019. "Measuring the value for money of transport infrastructure procurement; an intergenerational approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 119(C), pages 238-254.
    11. Jenkins, G. & Olasehinde-Williams, G. & Baurzhan, S., 2022. "Is there a net economic loss from employing reference class forecasting in the appraisal of hydropower projects?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 159(C).
    12. Lozano, Jorge-Mario & Zuluaga, Santiago & Sánchez-Silva, Mauricio, 2020. "Developing flexible management strategies in infrastructure: The sequential expansion problem for infrastructure analysis (SEPIA)," Reliability Engineering and System Safety, Elsevier, vol. 200(C).
    13. Ginés de Rus & Javier Campos & Daniel Graham & M. Pilar Socorro & Jorge Valido, 2020. "Evaluación Económica de Proyectos y Políticas de Transporte: Metodología y Aplicaciones. Parte 1: Metodología para el análisis coste-beneficio de proyectos y políticas de transporte," Working Papers 2020-11, FEDEA.
    14. Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2021. "Regression to the tail: Why the Olympics blow up," Environment and Planning A, , vol. 53(2), pages 233-260, March.
    15. Temitope Seun Omotayo & Bankole Awuzie & Valerie Kenechukwu Obi & Saheed Ajayi & Lovelin Ifeoma Obi & Oluyomi Osobajo & Adekunle Oke, 2022. "The System Dynamics Analysis of Cost Overrun Causations in UK Rail Projects in a COVID-19 Epidemic Era," SAGE Open, , vol. 12(2), pages 21582440221, May.
    16. Dorota Kuchta & Paolo Canonico & Vincenza Capone & Guido Capaldo, 2023. "Uncertainty in the Planning Phase of Public Projects—Its Scope, Consequences, and Possible Remedies," Administrative Sciences, MDPI, vol. 13(6), pages 1-17, June.
    17. Jarosław Górecki & Manuel Díaz-Madroñero, 2020. "Who Risks and Wins?—Simulated Cost Variance in Sustainable Construction Projects," Sustainability, MDPI, vol. 12(8), pages 1-31, April.
    18. Love, Peter E.D. & Ika, Lavagnon A., 2021. "The ‘context’ of transport project cost performance: Insights from contract award to final construction costs," Research in Transportation Economics, Elsevier, vol. 90(C).

  5. Flyvbjerg, Bent, 2018. "Planning Fallacy or Hiding Hand: Which is the Better Explanation?," World Development, Elsevier, vol. 103(C), pages 383-386.
    See citations under working paper version above.
  6. Edgardo M. Latrubesse & Eugenio Y. Arima & Thomas Dunne & Edward Park & Victor R. Baker & Fernando M. d’Horta & Charles Wight & Florian Wittmann & Jansen Zuanon & Paul A. Baker & Camila C. Ribas & Ric, 2017. "Damming the rivers of the Amazon basin," Nature, Nature, vol. 546(7658), pages 363-369, June.

    Cited by:

    1. Zhiwei Wan & Hongqi Wu, 2022. "Evolution of Ecological Patterns of Poyang Lake Wetland Landscape over the Last One Hundred Years Based on Historical Topographic Maps and Landsat Images," Sustainability, MDPI, vol. 14(13), pages 1-17, June.
    2. Gerard Sasges & Alan D. Ziegler, 2023. "We Have Eaten the Rivers: The Past, Present, and Unsustainable Future of Hydroelectricity in Vietnam," Sustainability, MDPI, vol. 15(11), pages 1-30, June.
    3. Taborianski, Vanessa Montoro & Pacca, Sergio Almeida, 2022. "Carbon dioxide emission reduction potential for low income housing units based on photovoltaic systems in distinct climatic regions," Renewable Energy, Elsevier, vol. 198(C), pages 1440-1447.
    4. Lan Feng & Pan Hu & Haisen Wang & Ming-ming Chen & Jiangang Han, 2022. "Improving City Water Quality through Pollution Reduction with Urban Floodgate Infrastructure and Design Solutions: A Case Study in Wuxi, China," IJERPH, MDPI, vol. 19(17), pages 1-18, September.
    5. Haozhe Zhang & Qingyuan Yang & Zhongxun Zhang & Dan Lu & Huiming Zhang, 2021. "Spatiotemporal Changes of Ecosystem Service Value Determined by National Land Space Pattern Change: A Case Study of Fengdu County in The Three Gorges Reservoir Area, China," IJERPH, MDPI, vol. 18(9), pages 1-24, May.
    6. Te Wang & Zongkun Li & Wei Ge & Yadong Zhang & Yutie Jiao & Hua Zhang & Heqiang Sun & Pieter Gelder, 2023. "Risk assessment methods of cascade reservoir dams: a review and reflection," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 115(2), pages 1601-1622, January.
    7. Margaret Kalacska & Oliver Lucanus & Leandro Sousa & J. Pablo Arroyo-Mora, 2020. "High-Resolution Surface Water Classifications of the Xingu River, Brazil, Pre and Post Operationalization of the Belo Monte Hydropower Complex," Data, MDPI, vol. 5(3), pages 1-12, August.
    8. Wang, Te & Li, Zongkun & Ge, Wei & Zhang, Hua & Zhang, Yadong & Sun, Heqiang & Jiao, Yutie, 2023. "Risk consequence assessment of dam breach in cascade reservoirs considering risk transmission and superposition," Energy, Elsevier, vol. 265(C).
    9. Athayde, Simone & Duarte, Carla G. & Gallardo, Amarilis L.C.F. & Moretto, Evandro M. & Sangoi, Luisa A. & Dibo, Ana Paula A. & Siqueira-Gay, Juliana & Sánchez, Luis E., 2019. "Improving policies and instruments to address cumulative impacts of small hydropower in the Amazon," Energy Policy, Elsevier, vol. 132(C), pages 265-271.
    10. Vinícius B. P. Chagas & Pedro L. B. Chaffe & Günter Blöschl, 2022. "Climate and land management accelerate the Brazilian water cycle," Nature Communications, Nature, vol. 13(1), pages 1-10, December.
    11. A. O. Sawakuchi & E. D. Schultz & F. N. Pupim & D. J. Bertassoli & D. F. Souza & D. F. Cunha & C. E. Mazoca & M. P. Ferreira & C. H. Grohmann & I. D. Wahnfried & C. M. Chiessi & F. W. Cruz & R. P. Alm, 2022. "Rainfall and sea level drove the expansion of seasonally flooded habitats and associated bird populations across Amazonia," Nature Communications, Nature, vol. 13(1), pages 1-15, December.
    12. Igor Cavallini Johansen & Miquéias Freitas Calvi & Verônica Gronau Luz & Ana Maria Segall-Corrêa & Caroline C. Arantes & Victoria Judith Isaac & Renata Utsunomiya & Vanessa Cristine e Souza Reis & Emi, 2024. "Poverty–Food Insecurity Nexus in the Post-Construction Context of a Large Hydropower Dam in the Brazilian Amazon," IJERPH, MDPI, vol. 21(2), pages 1-19, January.
    13. Li, Mingxu & He, Nianpeng, 2022. "Carbon intensity of global existing and future hydropower reservoirs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 162(C).
    14. Isabel L. Jones & Joseph W. Bull, 2020. "Major dams and the challenge of achieving “No Net Loss” of biodiversity in the tropics," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(2), pages 435-443, March.
    15. Yao Li & Gang Zhao & George H. Allen & Huilin Gao, 2023. "Diminishing storage returns of reservoir construction," Nature Communications, Nature, vol. 14(1), pages 1-12, December.

  7. Flyvbjerg, Bent, 2016. "The Fallacy of Beneficial Ignorance: A Test of Hirschman’s Hiding Hand," World Development, Elsevier, vol. 84(C), pages 176-189.

    Cited by:

    1. Bent Flyvbjerg, 2021. "Four Ways to Scale Up: Smart, Dumb, Forced, and Fumbled," Papers 2101.11104, arXiv.org.
    2. Ika, Lavagnon A., 2018. "Beneficial or Detrimental Ignorance: The Straw Man Fallacy of Flyvbjerg’s Test of Hirschman’s Hiding Hand," World Development, Elsevier, vol. 103(C), pages 369-382.
    3. Bent Flyvbjerg & Alexander Budzier, 2019. "Report for the Commission of Inquiry Respecting the Muskrat Falls Project," Papers 1901.03698, arXiv.org.
    4. Alexander Budzier & Bent Flyvbjerg & Andi Garavaglia & Andreas Leed, 2019. "Quantitative Cost and Schedule Risk Analysis of Nuclear Waste Storage," Papers 1901.11123, arXiv.org.
    5. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    6. González-Varona, José M. & Martín-Cruz, Natalia & Acebes, Fernando & Pajares, Javier, 2023. "How public funding affects complexity in R&D projects. An analysis of team project perceptions," Journal of Business Research, Elsevier, vol. 158(C).
    7. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Molin, Eric & Rønnest, Arne & Stewa, 2019. "On de-bunking “Fake News” in the post-truth era: How to reduce statistical error in research," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 409-411.
    8. Flyvbjerg, Bent, 2018. "Planning Fallacy or Hiding Hand: Which is the Better Explanation?," World Development, Elsevier, vol. 103(C), pages 383-386.
    9. Moschouli, Eleni & Soecipto, Raden Murwantara & Vanelslander, Thierry, 2019. "Cost performance of transport infrastructure projects before and after the global financial crisis (GFC): Are differences observed in the conditions of project performance?," Research in Transportation Economics, Elsevier, vol. 75(C), pages 21-35.
    10. Love, Peter E.D. & Ika, Lavagnon A. & Ahiaga-Dagbui, Dominic D., 2019. "On de-bunking ‘fake news’ in a post truth era: Why does the Planning Fallacy explanation for cost overruns fall short?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 397-408.
    11. Bent Flyvbjerg & Allison Stewart & Alexander Budzier, 2016. "The Oxford Olympics Study 2016: Cost and Cost Overrun at the Games," Papers 1607.04484, arXiv.org.
    12. Bent Flyvbjerg & Alexander Budzier, 2018. "Report for the Edinburgh Tram Inquiry," Papers 1805.12106, arXiv.org.
    13. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    14. Room, Graham, 2018. "The Hiding Hand: A Rejoinder to Flyvbjerg on Hirschman," World Development, Elsevier, vol. 103(C), pages 366-368.
    15. Love, Peter E.D. & Sing, Michael C.P. & Ika, Lavagnon A. & Newton, Sidney, 2019. "The cost performance of transportation projects: The fallacy of the Planning Fallacy account," Transportation Research Part A: Policy and Practice, Elsevier, vol. 122(C), pages 1-20.
    16. Alan Walsh & Peter Walker, 2021. "Re-Evaluating Megaproject Cost Overruns: Putting Changes Into Perspective," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 6(6), pages 19-29, February.
    17. Lepenies, Philipp H., 2018. "Statistical Tests as a Hindrance to Understanding," World Development, Elsevier, vol. 103(C), pages 360-365.
    18. Godwin Olasehinde-Williams & Glenn P. Jenkins, 2023. "A Test of Hirschman's Hiding Hand Principle in World Bank-Financed Hydropower Projects," Development Discussion Papers 2023-05, JDI Executive Programs.
    19. Gehring, Marco & Winkler, Franziska & Volk, Rebekka & Schultmann, Frank, 2021. "Projektmanagementsoftware und Scheduling: Aktuelle Bestandsaufnahme von Funktionalitäten und Identifikation von Potenzialen," Working Paper Series in Production and Energy 60, Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP).
    20. Carole Turley Voulgaris, 2020. "Trust in forecasts? Correlates with ridership forecast accuracy for fixed-guideway transit projects," Transportation, Springer, vol. 47(5), pages 2439-2477, October.

  8. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does infrastructure investment lead to economic growth or economic fragility? Evidence from China," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 32(3), pages 360-390.
    See citations under working paper version above.
  9. Ansar, Atif & Flyvbjerg, Bent & Budzier, Alexander & Lunn, Daniel, 2014. "Should we build more large dams? The actual costs of hydropower megaproject development," Energy Policy, Elsevier, vol. 69(C), pages 43-56.
    See citations under working paper version above.
  10. Cantarelli, C.C. & Flyvbjerg, B. & Buhl, S.L., 2012. "Geographical variation in project cost performance: the Netherlands versus worldwide," Journal of Transport Geography, Elsevier, vol. 24(C), pages 324-331.
    See citations under working paper version above.
  11. Cantarelli, C.C. & Molin, E.J.E. & van Wee, B. & Flyvbjerg, B., 2012. "Characteristics of cost overruns for Dutch transport infrastructure projects and the importance of the decision to build and project phases," Transport Policy, Elsevier, vol. 22(C), pages 49-56.
    See citations under working paper version above.
  12. Cantarelli, C.C. & van Wee, B. & Molin, E.J.E. & Flyvbjerg, B., 2012. "Different cost performance: different determinants?," Transport Policy, Elsevier, vol. 22(C), pages 88-95.

    Cited by:

    1. Brunes, Fredrik & Lind, Hans, 2014. "Explaining cost overruns in infrastructural projects: A new framework with applications to Sweden," Working Paper Series 14/1, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.
    2. Cavalieri, Marina & Cristaudo, Rossana & Guccio, Calogero, 2019. "On the magnitude of cost overruns throughout the project life-cycle: An assessment for the Italian transport infrastructure projects," Transport Policy, Elsevier, vol. 79(C), pages 21-36.
    3. Saule Baurzhan & Glenn P. Jenkins & Godwin O. Olasehinde-Williams, 2021. "The Economic Performance of Hydropower Dams Supported by the World Bank Group, 1975–2015," Energies, MDPI, vol. 14(9), pages 1-22, May.
    4. Moschouli, Eleni & Soecipto, Raden Murwantara & Vanelslander, Thierry, 2019. "Cost performance of transport infrastructure projects before and after the global financial crisis (GFC): Are differences observed in the conditions of project performance?," Research in Transportation Economics, Elsevier, vol. 75(C), pages 21-35.
    5. Saule Baurzhan & Glenn Jenkins & Godwin O. Olasehinde-Williams, 2021. "The Economic Performance of Hydropower Dams Supported by the World Bank Group, 1975–2015," Working Paper 1463, Economics Department, Queen's University.
    6. Miranda Sarmento, J.J. & Renneboog, Luc, 2017. "Cost overruns in public sector investment projects," Other publications TiSEM 51799a3e-4c78-4dbd-b330-b, Tilburg University, School of Economics and Management.
    7. Ali Foroutan Mirhosseini & Kelly Pitera & James Odeck & Morten Welde, 2022. "Sustainable Project Management: Reducing the Risk of Cost Inaccuracy Using a PLS-SEM Approach," Sustainability, MDPI, vol. 14(2), pages 1-20, January.
    8. Verweij, Stefan & Meerkerk, Ingmar van, 2020. "Do public-private partnerships perform better? A comparative analysis of costs for additional work and reasons for contract changes in Dutch transport infrastructure projects," Transport Policy, Elsevier, vol. 99(C), pages 430-438.
    9. Huimin Liu & Canhui Jiang & Yan Liu & Marcel Hertogh & Xue Lyu, 2018. "Optimism Bias Evaluation and Decision-Making Risk Forecast on Bridge Project Cost Based on Reference Class Forecasting: Evidence from China," Sustainability, MDPI, vol. 10(11), pages 1-29, October.
    10. Flyvbjerg, Bent & Ansar, Atif & Budzier, Alexander & Buhl, Søren & Cantarelli, Chantal & Garbuio, Massimo & Glenting, Carsten & Holm, Mette Skamris & Lovallo, Dan & Lunn, Daniel & Molin, Eric & Rønnes, 2018. "Five things you should know about cost overrun," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 174-190.
    11. Johan Larsson & Per Erik Eriksson & Thomas Olofsson & Peter Simonsson, 2014. "Industrialized construction in the Swedish infrastructure sector: core elements and barriers," Construction Management and Economics, Taylor & Francis Journals, vol. 32(1-2), pages 83-96, February.
    12. Dejan Makovšek & Marian Moszoro, 2018. "Risk pricing inefficiency in public–private partnerships," Transport Reviews, Taylor & Francis Journals, vol. 38(3), pages 298-321, May.
    13. Mengwei Ye & Junwu Wang & Xiang Si & Shiman Zhao & Qiyun Huang, 2022. "Analysis on Dynamic Evolution of the Cost Risk of Prefabricated Building Based on DBN," Sustainability, MDPI, vol. 14(3), pages 1-19, February.
    14. Verweij, Stefan & van Meerkerk, Ingmar & Korthagen, Iris A., 2015. "Reasons for contract changes in implementing Dutch transportation infrastructure projects: An empirical exploration," Transport Policy, Elsevier, vol. 37(C), pages 195-202.
    15. Love, Peter E.D. & Zhou, Jingyang & Edwards, David J. & Irani, Zahir & Sing, Chun-Pong, 2017. "Off the rails: The cost performance of infrastructure rail projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 99(C), pages 14-29.
    16. Chong, Uven & Hopkins, Omar, 2016. "An international experience on the evolution of road costs during the project life cycle," Transport Policy, Elsevier, vol. 48(C), pages 60-66.
    17. Per Erik Eriksson & Stefan Olander & Henrik Szentes & Kristian Widén, 2014. "Managing short-term efficiency and long-term development through industrialized construction," Construction Management and Economics, Taylor & Francis Journals, vol. 32(1-2), pages 97-108, February.
    18. Dejan Makovšek & Adrian Bridge, 2021. "Procurement Choices and Infrastructure Costs," NBER Chapters, in: Economic Analysis and Infrastructure Investment, pages 277-327, National Bureau of Economic Research, Inc.
    19. Veeneman, Wijnand, 2016. "Public transport governance in the Netherlands: More recent developments," Research in Transportation Economics, Elsevier, vol. 59(C), pages 116-122.
    20. Abeysekara, Baudhi & Perera, Piyaruwan & Chhipi Shrestha, Gyan Kumar & Gunaruwan, Lalithasiri & Kumarage, Amal & Sadiq, Rehan & Hewage, Kasun, 2021. "Improving the capital deployment efficiency: An infrastructure investment planning process in transportation project," Research in Transportation Economics, Elsevier, vol. 88(C).
    21. Servranckx, Tom & Vanhoucke, Mario & Aouam, Tarik, 2021. "Practical application of reference class forecasting for cost and time estimations: Identifying the properties of similarity," European Journal of Operational Research, Elsevier, vol. 295(3), pages 1161-1179.
    22. Makovšek, Dejan, 2014. "Systematic construction risk, cost estimation mechanism and unit price movements," Transport Policy, Elsevier, vol. 35(C), pages 135-145.
    23. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    24. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D. & Irani, Zahir, 2016. "Cost overruns in transportation infrastructure projects: Sowing the seeds for a probabilistic theory of causation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 92(C), pages 184-194.
    25. Jussila Hammes, Johanna & Volden, Gro Holst & Welde, Morten & Börjesson, Maria & Odeck, James, 2021. "Finding transport projects with high value for money : what are the socio-geographic determinants?," Working Papers 2021:4, Swedish National Road & Transport Research Institute (VTI).
    26. Tianyi Nie & Kunhui Ye, 2017. "Demystifying the Barriers to Transport Infrastructure Project Development in Fast Developing Regions: The Case of China," Sustainability, MDPI, vol. 9(10), pages 1-18, October.
    27. Jarosław Górecki & Manuel Díaz-Madroñero, 2020. "Who Risks and Wins?—Simulated Cost Variance in Sustainable Construction Projects," Sustainability, MDPI, vol. 12(8), pages 1-31, April.
    28. Odeck, James, 2014. "Do reforms reduce the magnitudes of cost overruns in road projects? Statistical evidence from Norway," Transportation Research Part A: Policy and Practice, Elsevier, vol. 65(C), pages 68-79.

  13. Chantal C Cantarelli & Bent Flyvbjerg & Bert van Wee & Eric J E Molin, 2010. "Lock-in and its Influence on the Project Performance of Large-Scale Transportation Infrastructure Projects: Investigating the Way in Which Lock-in Can Emerge and Affect Cost Overruns," Environment and Planning B, , vol. 37(5), pages 792-807, October.
    See citations under working paper version above.
  14. Bent Flyvbjerg, 2009. "Survival of the unfittest: why the worst infrastructure gets built--and what we can do about it," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 25(3), pages 344-367, Autumn.
    See citations under working paper version above.
  15. Bent Flyvbjerg, 2007. "Policy and Planning for Large-Infrastructure Projects: Problems, Causes, Cures," Environment and Planning B, , vol. 34(4), pages 578-597, August.
    See citations under working paper version above.
  16. Bent Flyvbjerg & Mette K. Skamris Holm & Søren L. Buhl, 2005. "Inaccuracy in Traffic Forecasts," Transport Reviews, Taylor & Francis Journals, vol. 26(1), pages 1-24, April.

    Cited by:

    1. Fullerton, Thomas M., Jr. & Mukhopadhyay, Somnath, 2013. "Border Region Bridge and Air Transport Predictability," MPRA Paper 59583, University Library of Munich, Germany, revised 11 Jul 2013.
    2. Trefor Williams, 2002. "Predicting completed project cost using bidding data," Construction Management and Economics, Taylor & Francis Journals, vol. 20(3), pages 225-235.
    3. Paul Timms, 2008. "Transport models, philosophy and language," Transportation, Springer, vol. 35(3), pages 395-410, May.
    4. Hironori Kato & Yuichiro Kaneko & Masashi Inoue, 2010. "Comparative analysis of transit assignment: evidence from urban railway system in the Tokyo Metropolitan Area," Transportation, Springer, vol. 37(5), pages 775-799, September.

  17. Flyvbjerg, Bent, 2005. "Measuring inaccuracy in travel demand forecasting: methodological considerations regarding ramp up and sampling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(6), pages 522-530, July.
    See citations under working paper version above.
  18. Bent Flyvbjerg, 2004. "A Perestroikan Straw Man Answers Back: David Laitin and Phronetic Political Science," Politics & Society, , vol. 32(3), pages 389-416, September.

    Cited by:

    1. Bent Flyvbjerg & J. Rodney Turner, 2017. "Do Classics Exist in Megaproject Management?," Papers 1710.09678, arXiv.org.

  19. Bent Flyvbjerg & Mette K. Skamris Holm & Søren L. Buhl, 2003. "What Causes Cost Overrun in Transport Infrastructure Projects?," Transport Reviews, Taylor & Francis Journals, vol. 24(1), pages 3-18, January.
    See citations under working paper version above.
  20. Bent Flyvbjerg & Mette K. Skamris holm & Søren L. Buhl, 2003. "How common and how large are cost overruns in transport infrastructure projects?," Transport Reviews, Taylor & Francis Journals, vol. 23(1), pages 71-88, January.

    Cited by:

    1. Erica Bosio & Simeon Djankov & Edward Glaeser & Andrei Shleifer, 2020. "Public Procurement in Law and Practice," Working Paper Series WP20-14, Peterson Institute for International Economics.
    2. Volden, Gro Holst, 2018. "Public project success as seen in a broad perspective," Evaluation and Program Planning, Elsevier, vol. 69(C), pages 109-117.
    3. White, Laura & Rochet, Jean-Louis & Mathias, Pete & O'Gorman, Kate & Bilmes, Linda, 2017. "Connecting the Northeast: A Cost Estimate for the North South Rail Link," Working Paper Series rwp17-032, Harvard University, John F. Kennedy School of Government.
    4. Chantal C. Cantarelli & Bert van Wee & Eric J. E. Molin & Bent Flyvbjerg, 2013. "Different Cost Performance: Different Determinants? The Case of Cost Overruns in Dutch Transportation Infrastructure Projects," Papers 1307.2179, arXiv.org, revised Jan 2015.
    5. Cantarelli, C.C. & van Wee, B. & Molin, E.J.E. & Flyvbjerg, B., 2012. "Different cost performance: different determinants?," Transport Policy, Elsevier, vol. 22(C), pages 88-95.
    6. Juan-José Ganuza & Gerard Llobet, 2019. "The Simple Economics of White Elephants," Working Papers 1134, Barcelona School of Economics.
    7. José Martins & Rui Cunha Marques & Carlos Oliveira Cruz & Álvaro Fonseca, 2017. "Flexibility in planning and development of a container terminal: an application of an American-style call option," Transportation Planning and Technology, Taylor & Francis Journals, vol. 40(7), pages 828-840, October.
    8. Mauro Bambi & Cristina Girolami & Salvatore Federico & Fausto Gozzi, 2017. "Generically distributed investments on flexible projects and endogenous growth," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(2), pages 521-558, February.
    9. Ernst ten Heuvelhof & Martijn Leijten, 2013. "New Public Management and the new features of strategic behaviour," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 6, pages 111-130, Edward Elgar Publishing.
    10. C. Guccio & G. Pignataro & I. Rizzo, 2012. "Determinants of adaptation costs in procurement: an empirical estimation on Italian public works contracts," Applied Economics, Taylor & Francis Journals, vol. 44(15), pages 1891-1909, May.
    11. Paul Collier & Martina Kirchberger & Måns Söderbom, 2016. "The Cost of Road Infrastructure in Low- and Middle-Income Countries," The World Bank Economic Review, World Bank, vol. 30(3), pages 522-548.
    12. Cantarelli, C.C. & Molin, E.J.E. & van Wee, B. & Flyvbjerg, B., 2012. "Characteristics of cost overruns for Dutch transport infrastructure projects and the importance of the decision to build and project phases," Transport Policy, Elsevier, vol. 22(C), pages 49-56.
    13. Chantal C. Cantarelli & Bent Flyvbjerg & S{o}ren L. Buhl, 2013. "Geographical Variation in Project Cost Performance: The Netherlands versus Worldwide," Papers 1307.2181, arXiv.org.
    14. Hultkrantz, Lars & Krüger, Niclas & Mantalos , Panagiotis, 2012. "Risk-adjusted long term social rates of discount for transportation infrastructure investment," Working Papers 2012:14, Örebro University, School of Business.
    15. David Banister & Michael Browne & Moshe Givoni, 2010. "Transport Reviews—The 30-super-th Anniversary of the Journal," Transport Reviews, Taylor & Francis Journals, vol. 30(1), pages 1-10, January.
    16. Robin Lindsey & André de Palma, 2014. "Cost recovery from congestion tolls with long-run uncertainty," Post-Print hal-01311130, HAL.
    17. Nandita Vadali & Anand Prakash Tiwari & Thillai Rajan A., 2014. "Effect of the Political Environment on Public Private Partnership Projects," Journal of Infrastructure Development, India Development Foundation, vol. 6(2), pages 145-165, December.
    18. Gallego, J & Rivero, G & Martínez, J.D., 2018. "Preventing rather than Punishing: An Early Warning Model of Malfeasance in Public Procurement," Documentos de Trabajo 16724, Universidad del Rosario.
    19. Cavalieri, Marina & Cristaudo, Rossana & Guccio, Calogero, 2019. "On the magnitude of cost overruns throughout the project life-cycle: An assessment for the Italian transport infrastructure projects," Transport Policy, Elsevier, vol. 79(C), pages 21-36.
    20. Abdullah M. Alsugair, 2022. "Cost Deviation Model of Construction Projects in Saudi Arabia Using PLS-SEM," Sustainability, MDPI, vol. 14(24), pages 1-21, December.
    21. Holz-Rau, Christian & Scheiner, Joachim, 2011. "Safety and travel time in cost-benefit analysis: A sensitivity analysis for North Rhine-Westphalia," Transport Policy, Elsevier, vol. 18(2), pages 336-346, March.
    22. Iyer K. Chandrashekhar & Banerjee Partha S., 2016. "Project ambidexterity: case of recovering schedule delay in a brownfield airport project in India," Organization, Technology and Management in Construction, Sciendo, vol. 8(1), pages 1464-1481, December.
    23. Santanu Chatterjee & Olaf Posch & Dennis Wesselbaum, 2017. "Delays in Public Goods," Working Papers 1702, University of Otago, Department of Economics, revised Feb 2017.
    24. Molinari, Laura & Haezendonck, Elvira & Mabillard, Vincent, 2023. "Cost overruns of Belgian transport infrastructure projects: Analyzing variations over three land transport modes and two project phases," Transport Policy, Elsevier, vol. 134(C), pages 167-179.
    25. Miranda Sarmento, J.J. & Renneboog, Luc, 2017. "Cost overruns in public sector investment projects," Other publications TiSEM 51799a3e-4c78-4dbd-b330-b, Tilburg University, School of Economics and Management.
    26. Fang, F., 2019. "When performance shortfall arises, contract or trust? A multi-method study of the impact of contractual and relational governances on performance in public – private partnerships," Other publications TiSEM 473840ee-6945-4a93-9326-5, Tilburg University, School of Economics and Management.
    27. Gabriela Dufková, 2022. "Time and Budget Overruns on Czech International Development Projects," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 70(7-8), pages 622-645, July.
    28. Pessino, Carola & Izquierdo, Alejandro & Vuletin, Guillermo, 2018. "Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less," IDB Publications (Books), Inter-American Development Bank, number 9152, May.
    29. Love, Peter E.D. & Ika, Lavagnon A. & Ahiaga-Dagbui, Dominic D., 2019. "On de-bunking ‘fake news’ in a post truth era: Why does the Planning Fallacy explanation for cost overruns fall short?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 397-408.
    30. Prakash, Nishith & Rockmore, Marc & Uppal, Yogesh, 2019. "Do criminally accused politicians affect economic outcomes? Evidence from India," Journal of Development Economics, Elsevier, vol. 141(C).
    31. Brian Taylor & Eric Morris, 2015. "Public transportation objectives and rider demographics: are transit’s priorities poor public policy?," Transportation, Springer, vol. 42(2), pages 347-367, March.
    32. van den Berg, Vincent A.C. & Rouwendal, Jan, 2016. "Tender auctions with existing operators bidding," Economics of Transportation, Elsevier, vol. 6(C), pages 1-10.
    33. Bent Flyvbjerg & Alexander Budzier, 2018. "Report for the Edinburgh Tram Inquiry," Papers 1805.12106, arXiv.org.
    34. Øglend, Atle & Osmundsen, Petter & Lorentzen, Sindre, 2016. "Cost Overrun at the Norwegian Continental Shelf: The element of surprise," UiS Working Papers in Economics and Finance 2016/3, University of Stavanger.
    35. Huimin Liu & Canhui Jiang & Yan Liu & Marcel Hertogh & Xue Lyu, 2018. "Optimism Bias Evaluation and Decision-Making Risk Forecast on Bridge Project Cost Based on Reference Class Forecasting: Evidence from China," Sustainability, MDPI, vol. 10(11), pages 1-29, October.
    36. Meyer, Kevin, 2016. "Immobilienbeschaffung durch lebenszyklusübergreifende Wertschöpfungspartnerschaften: Empirische Analyse der Chancen und Risiken betrieblicher Immobiliennutzer," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 81267, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    37. Chantal C. Cantarelli & Bent Flybjerg & Eric J. E. Molin & Bert van Wee, 2013. "Cost overruns in Large-Scale Transportation Infrastructure Projects: Explanations and Their Theoretical Embeddedness," Papers 1307.2176, arXiv.org.
    38. Francisco Pinheiro Catalão & Carlos Oliveira Cruz & Joaquim Miranda Sarmento, 2023. "The entanglement of time and cost deviations in public projects," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(1), pages 241-272, March.
    39. Fazekas, Mihály & Tóth, Bence, 2018. "The extent and cost of corruption in transport infrastructure. New evidence from Europe," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 35-54.
    40. Dejan Makovšek & Marian Moszoro, 2018. "Risk pricing inefficiency in public–private partnerships," Transport Reviews, Taylor & Francis Journals, vol. 38(3), pages 298-321, May.
    41. Rubina Canesi & Beatrice Gallo, 2023. "Risk Assessment in Sustainable Infrastructure Development Projects: A Tool for Mitigating Cost Overruns," Land, MDPI, vol. 13(1), pages 1-24, December.
    42. Olav Torp & Ole Jonny Klakegg, 2016. "Challenges in Cost Estimation under Uncertainty—A Case Study of the Decommissioning of Barsebäck Nuclear Power Plant," Administrative Sciences, MDPI, vol. 6(4), pages 1-21, October.
    43. Mouter, Niek & Annema, Jan Anne & van Wee, Bert, 2013. "Ranking the substantive problems in the Dutch Cost–Benefit Analysis practice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 241-255.
    44. Lindsey, Robin, 2012. "Road pricing and investment," Economics of Transportation, Elsevier, vol. 1(1), pages 49-63.
    45. Peter E D Love & Jim Smith & Ian Simpson & Michael Regan & Oluwole Olatunji, 2015. "Understanding the Landscape of Overruns in Transport Infrastructure Projects," Environment and Planning B, , vol. 42(3), pages 490-509, June.
    46. Stefano Moroni, 2014. "Grandi e piccole opere Per un?azione pubblica responsabile," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2014(3), pages 103-112.
    47. Mauro Bambi & Cristina Di Girolami & Salvatore Federico & Fausto Gozzi, 2014. "On the Consequences of Generically Distributed Investments on Flexible Projects in an Endogenous Growth Model," Discussion Papers 14/15, Department of Economics, University of York.
    48. Lisa Hansson & Lena Nerhagen, 2019. "Regulatory Measurements in Policy Coordinated Practices: The Case of Promoting Renewable Energy and Cleaner Transport in Sweden," Sustainability, MDPI, vol. 11(6), pages 1-18, March.
    49. Nogues Comas,Antoni Albert & Mendes Dos Santos,Nuno Filipe, 2021. "Measuring Public Procurement Rules and Practices : Benchmarking a Recurrent Infrastructure Contract," Policy Research Working Paper Series 9651, The World Bank.
    50. Salling, Kim Bang & Banister, David, 2009. "Assessment of large transport infrastructure projects: The CBA-DK model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 43(9-10), pages 800-813, November.
    51. Chong, Uven & Hopkins, Omar, 2016. "An international experience on the evolution of road costs during the project life cycle," Transport Policy, Elsevier, vol. 48(C), pages 60-66.
    52. Giezen, Mendel & Salet, Willem & Bertolini, Luca, 2015. "Adding value to the decision-making process of mega projects: Fostering strategic ambiguity, redundancy, and resilience," Transport Policy, Elsevier, vol. 44(C), pages 169-178.
    53. Börjesson, Maria & Jonsson, R. Daniel & Lundberg, Mattias, 2014. "An ex-post CBA for the Stockholm Metro," Transportation Research Part A: Policy and Practice, Elsevier, vol. 70(C), pages 135-148.
    54. Jorge Valido, 2020. "Large Infrastructure Investments: Financing Mechanisms and Incentives in Decentralised Countries," Fiscal Studies, John Wiley & Sons, vol. 41(4), pages 905-921, December.
    55. Love, Peter E.D. & Sing, Michael C.P. & Ika, Lavagnon A. & Newton, Sidney, 2019. "The cost performance of transportation projects: The fallacy of the Planning Fallacy account," Transportation Research Part A: Policy and Practice, Elsevier, vol. 122(C), pages 1-20.
    56. Saqib Mehmood & Jianqiang Fan & Idris Salim Dokota & Samera Nazir & Zarish Nazir, 2024. "How to Manage Supply Chains Successfully in Transport Infrastructure Projects," Sustainability, MDPI, vol. 16(2), pages 1-28, January.
    57. Per Erik Eriksson & Stefan Olander & Henrik Szentes & Kristian Widén, 2014. "Managing short-term efficiency and long-term development through industrialized construction," Construction Management and Economics, Taylor & Francis Journals, vol. 32(1-2), pages 97-108, February.
    58. Bucciol, Alessandro & Chillemi, Ottorino & Palazzi, Giacomo, 2013. "Cost overrun and auction format in small size public works," European Journal of Political Economy, Elsevier, vol. 30(C), pages 35-42.
    59. Agnieszka Huterska, 2017. "Public-Private Partnership in Building Sustainable Development of the Kuyavian-Pomeranian Voivodship," European Journal of Interdisciplinary Studies Articles, Revistia Research and Publishing, vol. 3, September.
    60. Vincent van den Berg, 2013. "Over- and Under-Bidding in Tendering," Tinbergen Institute Discussion Papers 13-033/VIII, Tinbergen Institute.
    61. Vincent van den Berg, 2012. "Advantaged Bidders in Franchise Auctions," Tinbergen Institute Discussion Papers 12-117/VIII, Tinbergen Institute.
    62. Petter Osmundsen & Kristin Helen Roll, 2016. "Rig Rates and Drilling Speed: Reinforcing Effects," CESifo Working Paper Series 5895, CESifo.
    63. Lane, Bradley W., 2008. "Significant characteristics of the urban rail renaissance in the United States: A discriminant analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(2), pages 279-295, February.
    64. Checherita, Cristina & Gifford, Jonathan, 2007. "Risk Sharing in Public-Private Partnerships: General Considerations and an Evaluation of the U.S. Practice in Road Transportation," 48th Annual Transportation Research Forum, Boston, Massachusetts, March 15-17, 2007 207820, Transportation Research Forum.
    65. Sivakumaran, Karthik & Li, Yuwei & Cassidy, Michael & Madanat, Samer, 2014. "Access and the choice of transit technology," Transportation Research Part A: Policy and Practice, Elsevier, vol. 59(C), pages 204-221.
    66. Salling, Kim Bang & Leleur, Steen, 2015. "Accounting for the inaccuracies in demand forecasts and construction cost estimations in transport project evaluation," Transport Policy, Elsevier, vol. 38(C), pages 8-18.
    67. Abeysekara, Baudhi & Perera, Piyaruwan & Chhipi Shrestha, Gyan Kumar & Gunaruwan, Lalithasiri & Kumarage, Amal & Sadiq, Rehan & Hewage, Kasun, 2021. "Improving the capital deployment efficiency: An infrastructure investment planning process in transportation project," Research in Transportation Economics, Elsevier, vol. 88(C).
    68. Barfod, Michael Bruhn & Salling, Kim Bang, 2015. "A new composite decision support framework for strategic and sustainable transport appraisals," Transportation Research Part A: Policy and Practice, Elsevier, vol. 72(C), pages 1-15.
    69. Locatelli, Giorgio & Invernizzi, Diletta Colette & Brookes, Naomi J., 2017. "Project characteristics and performance in Europe: An empirical analysis for large transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 98(C), pages 108-122.
    70. Makovšek, Dejan, 2014. "Systematic construction risk, cost estimation mechanism and unit price movements," Transport Policy, Elsevier, vol. 35(C), pages 135-145.
    71. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    72. Catalão, Francisco Pinheiro & Cruz, Carlos Oliveira & Sarmento, Joaquim Miranda, 2019. "The determinants of cost deviations and overruns in transport projects, an endogenous models approach," Transport Policy, Elsevier, vol. 74(C), pages 224-238.
    73. Guccio, Calogero & Pignataro, Giacomo & Rizzo, Ilde, 2014. "Do local governments do it better? Analysis of time performance in the execution of public works," European Journal of Political Economy, Elsevier, vol. 34(C), pages 237-252.
    74. Campa, Juan Luis & Arce, Rosa & López-Lambas, María Eugenia & Guirao, Begoña, 2018. "Can HSR improve the mobility of international tourists visiting Spain? Territorial evidence derived from the Spanish experience," Journal of Transport Geography, Elsevier, vol. 73(C), pages 94-107.
    75. Schubert, Daniel & Sys, Christa & Vanelslander, Thierry & Roumboutsos, Athena, 2022. "No-queue road pricing: A comprehensive policy instrument for Europe?," Utilities Policy, Elsevier, vol. 78(C).
    76. Christos Ellinas & Christos Nicolaides & Naoki Masuda, 2022. "Mitigation strategies against cascading failures within a project activity network," Journal of Computational Social Science, Springer, vol. 5(1), pages 383-400, May.
    77. Joseph Sturm & Mashrur Chowdhury & Anne Dunning & Jennifer Ogle, 2011. "Analysis of cost estimation disclosure in environmental impact statements for surface transportation projects," Transportation, Springer, vol. 38(3), pages 525-544, May.
    78. Ram Singh, 2018. "Public–private partnerships vs. traditional contracts for highways," Indian Economic Review, Springer, vol. 53(1), pages 29-63, December.
    79. Love, Peter E.D. & Ahiaga-Dagbui, Dominic D., 2018. "Debunking fake news in a post-truth era: The plausible untruths of cost underestimation in transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 357-368.
    80. Hansson, Lisa, 2020. "Public administrators’ roles in the policy adaptation of transport directives: How knowledge is created and reproduced," Transport Policy, Elsevier, vol. 98(C), pages 208-216.
    81. Andrew Sudmant & Vincent Viguié & Quentin Lepetit & Lucy Oates & Abhijit Datey & Andy Gouldson & David Watling, 2021. "Fair weather forecasting? The shortcomings of big data for sustainable development, a case study from Hubballi‐Dharwad, India," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(6), pages 1237-1248, November.
    82. Steininger, Bertram & Groth, Martin & Weber, Birgitte, 2020. "Cost overruns and delays in infrastructure projects: the case of Stuttgart 21," Working Paper Series 20/11, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.
    83. Tobias Onshuus Malvik & Agnar Johansen & Olav Torp & Nils O. E. Olsson, 2021. "Evaluation of Target Value Delivery and Opportunity Management as Complementary Practices," Sustainability, MDPI, vol. 13(14), pages 1-19, July.
    84. Välilä, Timo, 2020. "An overview of economic theory and evidence of public-private partnerships in the procurement of (transport) infrastructure," Utilities Policy, Elsevier, vol. 62(C).
    85. Jarosław Górecki & Manuel Díaz-Madroñero, 2020. "Who Risks and Wins?—Simulated Cost Variance in Sustainable Construction Projects," Sustainability, MDPI, vol. 12(8), pages 1-31, April.
    86. Odeck, James, 2014. "Do reforms reduce the magnitudes of cost overruns in road projects? Statistical evidence from Norway," Transportation Research Part A: Policy and Practice, Elsevier, vol. 65(C), pages 68-79.
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  21. Bruzelius, Nils & Flyvbjerg, Bent & Rothengatter, Werner, 2002. "Big decisions, big risks. Improving accountability in mega projects," Transport Policy, Elsevier, vol. 9(2), pages 143-154, April.

    Cited by:

    1. Geneviève Zembri-Mary & Virginie Engrand-Linder, 2023. "Urban planning law in the face of the Olympic challenge: Between innovation and criticism of exceptional urban regeneration," Local Economy, London South Bank University, vol. 38(4), pages 369-388, June.
    2. Bartlomiej Rokicki, 2022. "Cost Underruns in Major Road Transport Infrastructure Projects—The Surprising Experience of Poland," Sustainability, MDPI, vol. 14(21), pages 1-18, November.
    3. Ionel PREDA & Cezar-Petre SIMION, 2019. "The Risks Of Public Procurement In Romania," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 133-141, November.
    4. Lehtonen, Markku, 2019. "Ecological Economics and Opening up of Megaproject Appraisal: Lessons From Megaproject Scholarship and Topics for a Research Programme," Ecological Economics, Elsevier, vol. 159(C), pages 148-156.
    5. Farida Saleem & Imran Murtaza & Shabir Hyder & Muhammad Imran Malik, 2020. "Public Health and Project Management: Do Projects Deliver?," IJERPH, MDPI, vol. 17(19), pages 1-11, October.
    6. te Boveldt, Geert & Van Raemdonck, Koen & Macharis, Cathy, 2018. "A new railway tunnel under Brussels? Assessing political feasibility and desirability with competence-based multi criteria analysis," Transport Policy, Elsevier, vol. 66(C), pages 30-39.
    7. Hannes Thees, 2020. "Towards Local Sustainability of Mega Infrastructure: Reviewing Research on the New Silk Road," Sustainability, MDPI, vol. 12(24), pages 1-35, December.
    8. Marcus Hübscher, 2022. "Planning behind Closed Doors: Unlocking Large-Scale Urban Development Projects Using the Stakeholder Approach on Tenerife, Spain," Land, MDPI, vol. 11(3), pages 1-25, March.
    9. Giuliano Marella & Valentina Antoniucci, 2019. "Time Overrun in Public Works—Evidence from North-East Italy," Sustainability, MDPI, vol. 11(24), pages 1-17, December.
    10. Tuna Taşan‐Kok, 2010. "Entrepreneurial Governance: Challenges Of Large‐Scale Property‐Led Urban Regeneration Projects," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 101(2), pages 126-149, April.
    11. Josef Wijk & Itay Fischhendler, 2017. "The construction of urgency discourse around mega-projects: the Israeli case," Policy Sciences, Springer;Society of Policy Sciences, vol. 50(3), pages 469-494, September.
    12. Dean, M. & Hickman, R. & Chen, C.-L., 2019. "Testing the application of participatory MCA: The case of the South Fylde Line," Transport Policy, Elsevier, vol. 73(C), pages 62-70.
    13. Salling, Kim Bang & Leleur, Steen, 2011. "Transport appraisal and Monte Carlo simulation by use of the CBA-DK model," Transport Policy, Elsevier, vol. 18(1), pages 236-245, January.
    14. Lordan-Perret, Rebecca & Bärenbold, Rebekka & Weigt, Hannes & Rosner, Robert, 2023. "An ex-ante method to verify commercial U.S. nuclear power plant decommissioning cost estimates," Energy Economics, Elsevier, vol. 127(PB).
    15. Bert van Wee, 2011. "Transport and Ethics," Books, Edward Elgar Publishing, number 14281.
    16. Khwaja Mateen Mazher & Albert P. C. Chan & Rafiq M. Choudhry & Hafiz Zahoor & David J. Edwards & Ahmed M. Ghaithan & Awsan Mohammed & Mubashir Aziz, 2022. "Identifying Measures of Effective Risk Management for Public–Private Partnership Infrastructure Projects in Developing Countries," Sustainability, MDPI, vol. 14(21), pages 1-19, October.
    17. Malik Khalfan & Neda Azizi & Omid Haass & Tayyab Maqsood & Istiaq Ahmed, 2022. "Blockchain Technology: Potential Applications for Public Sector E-Procurement and Project Management," Sustainability, MDPI, vol. 14(10), pages 1-21, May.
    18. Macário, Rosário & Ribeiro, Joana & Costa, Joana Duarte, 2015. "Understanding pitfalls in the application of PPPs in transport infrastructure in Portugal," Transport Policy, Elsevier, vol. 41(C), pages 90-99.
    19. Locatelli, Giorgio & Invernizzi, Diletta Colette & Brookes, Naomi J., 2017. "Project characteristics and performance in Europe: An empirical analysis for large transport infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 98(C), pages 108-122.
    20. Joseph Sturm & Mashrur Chowdhury & Anne Dunning & Jennifer Ogle, 2011. "Analysis of cost estimation disclosure in environmental impact statements for surface transportation projects," Transportation, Springer, vol. 38(3), pages 525-544, May.
    21. Roland Andersson & Bo Söderberg, 2012. "Financing roads and railways with decentralized real estate taxes: the case of Sweden," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(3), pages 839-853, June.
    22. Alpkokin, Pelin & Capar, Murat Samil, 2019. "Dispute boards in Turkey for infrastructure projects," Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
    23. Murakami, Jin & Matsui, Yurika & Kato, Hironori, 2016. "Airport rail links and economic productivity: Evidence from 82 cities with the world’s 100 busiest airports," Transport Policy, Elsevier, vol. 52(C), pages 89-99.
    24. Julien Brunel, 2004. "Stochastic Risk vs. Policy Oriented Uncertainties: The Case of the Alpine Crossings," Post-Print halshs-00095852, HAL.
    25. Andrius Montrimas & Jurgita Bruneckienė & Vaidas Gaidelys, 2021. "Beyond the Socio-Economic Impact of Transport Megaprojects," Sustainability, MDPI, vol. 13(15), pages 1-29, July.

  22. Skamris, Mette K. & Flyvbjerg, Bent, 1997. "Inaccuracy of traffic forecasts and cost estimates on large transport projects," Transport Policy, Elsevier, vol. 4(3), pages 141-146, July.

    Cited by:

    1. Guido Signorino, 2000. "Policy Mistakes, Wrong Solutions and the Collapse of Functional Equilibrium in the Urban Space," Regional and Urban Modeling 283600088, EcoMod.
    2. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 0. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 0, pages 1-10.
    3. Ouassim Manout & Patrick Bonnel, 2019. "The impact of ignoring intrazonal trips in assignment models: a stochastic approach," Transportation, Springer, vol. 46(6), pages 2397-2417, December.
    4. Cruz, Carlos Oliveira & Marques, Rui Cunha, 2011. "Contribution to the study of PPP arrangements in airport development, management and operation," Transport Policy, Elsevier, vol. 18(2), pages 392-400, March.
    5. Ouassim Manout & Patrick Bonnel & François Pacull, 2021. "Spatial Aggregation Issues in Traffic Assignment Models," Post-Print halshs-03193265, HAL.
    6. C. Guccio & G. Pignataro & I. Rizzo, 2012. "Determinants of adaptation costs in procurement: an empirical estimation on Italian public works contracts," Applied Economics, Taylor & Francis Journals, vol. 44(15), pages 1891-1909, May.
    7. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 2020. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(6), pages 1250-1259, December.
    8. Tveter, Eivind & Welde, Morten & Odeck, James, 2017. "Do Fixed Links Affect Settlement Patterns: A Synthetic Control Approach," Research in Transportation Economics, Elsevier, vol. 63(C), pages 59-72.
    9. Bert van Wee, 2007. "Large Infrastructure Projects: A Review of the Quality of Demand Forecasts and Cost Estimations," Environment and Planning B, , vol. 34(4), pages 611-625, August.
    10. Meyer, Kevin, 2016. "Immobilienbeschaffung durch lebenszyklusübergreifende Wertschöpfungspartnerschaften: Empirische Analyse der Chancen und Risiken betrieblicher Immobiliennutzer," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 81267, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    11. Brinkman, P. Anthony, 2003. "The Ethical Challenges and Professional Responses of Travel Demand Forecasters," University of California Transportation Center, Working Papers qt6dv0z95g, University of California Transportation Center.
    12. Bent Flyvbjerg, 2013. "Cost Overruns and Demand Shortfalls in Urban Rail and Other Infrastructure," Papers 1303.7402, arXiv.org.
    13. Li, Shuai & Cai, Jiannan & Feng, Zhuo & Xu, Yifang & Cai, Hubo, 2019. "Government contracting with monopoly in infrastructure provision: Regulation or deregulation?," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 122(C), pages 506-523.
    14. Brinkman, Anthony P., 2003. "The Ethical Challenges and Professional Responses of Travel Demand Forecasters," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt9c3330tt, Institute of Transportation Studies, UC Berkeley.
    15. Bent Flyvbjerg & Mette K. Skamris Holm & S{o}ren L. Buhl, 2013. "Underestimating Costs in Public Works Projects: Error or Lie?," Papers 1303.6604, arXiv.org.
    16. James Odeck, 2019. "Variation in cost overruns of transportation projects: an econometric meta-regression analysis of studies reported in the literature," Transportation, Springer, vol. 46(4), pages 1345-1368, August.
    17. Antonio Estache & Lourdes Trujillo & E. Quinet, 2002. "Dealing with Demand Forecasting Games in Transport Privatization," ULB Institutional Repository 2013/43981, ULB -- Universite Libre de Bruxelles.
    18. Athias, Laure, 2007. "Political accountability, incentives, and Contractual design of public private partnerships," MPRA Paper 10538, University Library of Munich, Germany.
    19. Daniel Shefer, 2014. "Sustainable Transportation and Urban Development," ERSA conference papers ersa14p306, European Regional Science Association.
    20. Patricia Mokhtarian & Ilan Salomon & Sangho Choo, 2005. "Measuring the Measurable: Why can’t we Agree on the Number of Telecommuters in the U.S.?," Quality & Quantity: International Journal of Methodology, Springer, vol. 39(4), pages 423-452, August.
    21. Edyta Plebankiewicz, 2018. "Model of Predicting Cost Overrun in Construction Projects," Sustainability, MDPI, vol. 10(12), pages 1-14, November.
    22. Verweij, Stefan & van Meerkerk, Ingmar & Korthagen, Iris A., 2015. "Reasons for contract changes in implementing Dutch transportation infrastructure projects: An empirical exploration," Transport Policy, Elsevier, vol. 37(C), pages 195-202.
    23. Chong, Uven & Hopkins, Omar, 2016. "An international experience on the evolution of road costs during the project life cycle," Transport Policy, Elsevier, vol. 48(C), pages 60-66.
    24. Athias, Laure & Saussier, Stéphane, 2007. "Contractual flexibility or rigidity for public private partnerships? Theory and evidence from infrastructure concession contracts," MPRA Paper 10541, University Library of Munich, Germany.
    25. Yoram Shiftan & John Suhrbier, 2002. "The analysis of travel and emission impacts of travel demand management strategies using activity-based models," Transportation, Springer, vol. 29(2), pages 145-168, May.
    26. Jorge Valido, 2020. "Large Infrastructure Investments: Financing Mechanisms and Incentives in Decentralised Countries," Fiscal Studies, John Wiley & Sons, vol. 41(4), pages 905-921, December.
    27. Massimo Finocchiaro Castro & Calogero Guccio & Giacomo Pignataro & Ilde Rizzo, 2018. "Is competition able to counteract the inefficiency of corruption? The case of Italian public works," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 45(1), pages 55-84, March.
    28. Odeck, James, 2004. "Cost overruns in road construction--what are their sizes and determinants?," Transport Policy, Elsevier, vol. 11(1), pages 43-53, January.
    29. de Rus, Gines, 2006. "Infraestructuras: más iniciativa privada y mejor sector público [Infrastructure: more private participation and better public sector]," MPRA Paper 12000, University Library of Munich, Germany.
    30. Brinkman, P. Anthony, 2003. "The Ethical Challenges and Professional Responses of Travel Demand Forecasters," University of California Transportation Center, Working Papers qt7vb2d17h, University of California Transportation Center.
    31. Cathy Macharis & Peter Nijkamp, 2013. "Multi-actor and multi-criteria analysis in evaluating mega-projects," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 11, pages 242-266, Edward Elgar Publishing.
    32. Tore Langmyhr, 2001. "The rationality of transport investment packages," Transportation, Springer, vol. 28(2), pages 157-178, May.
    33. Knowles, Richard D. & Matthiessen, Christian W., 2009. "Barrier effects of international borders on fixed link traffic generation: the case of Øresundsbron," Journal of Transport Geography, Elsevier, vol. 17(3), pages 155-165.
    34. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    35. Catalão, Francisco Pinheiro & Cruz, Carlos Oliveira & Sarmento, Joaquim Miranda, 2019. "The determinants of cost deviations and overruns in transport projects, an endogenous models approach," Transport Policy, Elsevier, vol. 74(C), pages 224-238.
    36. Malayath, Manoj & Verma, Ashish, 2013. "Activity based travel demand models as a tool for evaluating sustainable transportation policies," Research in Transportation Economics, Elsevier, vol. 38(1), pages 45-66.
    37. Mokhtarian, Patricia L & Salomon, Ilan & Choo, Sangho, 2004. "Data and Measurement Issues in Transportation, With Telecommuting as a Case Study," Institute of Transportation Studies, Working Paper Series qt9pt8s9jv, Institute of Transportation Studies, UC Davis.
    38. Tan, Zhijia & Yang, Hai, 2012. "Flexible build-operate-transfer contracts for road franchising under demand uncertainty," Transportation Research Part B: Methodological, Elsevier, vol. 46(10), pages 1419-1439.
    39. Peter Stopher & Stephen Greaves, 2007. "Guidelines for samplers: measuring a change in behaviour from before and after surveys," Transportation, Springer, vol. 34(1), pages 1-16, January.
    40. Jarosław Górecki & Manuel Díaz-Madroñero, 2020. "Who Risks and Wins?—Simulated Cost Variance in Sustainable Construction Projects," Sustainability, MDPI, vol. 12(8), pages 1-31, April.
    41. Odeck, James, 2014. "Do reforms reduce the magnitudes of cost overruns in road projects? Statistical evidence from Norway," Transportation Research Part A: Policy and Practice, Elsevier, vol. 65(C), pages 68-79.
    42. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany.
    43. Zhou, You & Zhang, Lingzhu & Chiaradia, Alain J F, 2021. "An adaptation of reference class forecasting for the assessment of large-scale urban planning vision, a SEM-ANN approach to the case of Hong Kong Lantau tomorrow," Land Use Policy, Elsevier, vol. 109(C).

Chapters

  1. Bent Flyvbjerg & Eamonn Molloy, 2011. "Delusion, Deception and Corruption in Major Infrastructure Projects: Causes, Consequences and Cures," Chapters, in: Susan Rose-Ackerman & Tina Søreide (ed.), International Handbook on the Economics of Corruption, Volume Two, chapter 3, Edward Elgar Publishing.

    Cited by:

    1. Cavalieri, Marina & Guccio, Calogero & Rizzo, Ilde, 2017. "On the role of environmental corruption in healthcare infrastructures: An empirical assessment for Italy using DEA with truncated regression approach," Health Policy, Elsevier, vol. 121(5), pages 515-524.

  2. Bent Flyvbjerg, 2009. "Optimism and Misrepresentation in Early Project Development," Palgrave Macmillan Books, in: Terry M. Williams & Knut Samset & Kjell J. Sunnevåg (ed.), Making Essential Choices with Scant Information, chapter 8, pages 147-168, Palgrave Macmillan.

    Cited by:

    1. Leurent, Martin & Jasserand, Frédéric & Locatelli, Giorgio & Palm, Jenny & Rämä, Miika & Trianni, Andrea, 2017. "Driving forces and obstacles to nuclear cogeneration in Europe: Lessons learnt from Finland," Energy Policy, Elsevier, vol. 107(C), pages 138-150.
    2. EEA Wolf & Wouter Van Dooren, 2018. "‘Time to move on’ or ‘taking more time’? How disregarding multiple perspectives on time can increase policy-making conflict," Environment and Planning C, , vol. 36(2), pages 340-356, March.

  3. Hugo Priemus & Bent Flyvbjerg & Bert van Wee, 2008. "Introduction: Scope of the Book," Chapters, in: Hugo Priemus & Bent Flyvbjerg & Bert van Wee (ed.), Decision-Making on Mega-Projects, chapter 1, Edward Elgar Publishing.

    Cited by:

    1. Graeme Hodge & Carsten Greve, 2013. "Public–private partnership in developing and governing mega-projects," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 9, pages 182-208, Edward Elgar Publishing.

  4. Bent Flyvbjerg, 2008. "Public Planning of Mega-Projects: Overestimation of Demand and Underestimation of Costs," Chapters, in: Hugo Priemus & Bent Flyvbjerg & Bert van Wee (ed.), Decision-Making on Mega-Projects, chapter 7, Edward Elgar Publishing.

    Cited by:

    1. Miller, Michael & Szimba, Eckhard, 2015. "How to avoid unrealistic appraisal results? A concept to reflect the occurrence of risk in the appraisal of transport infrastructure projects," Research in Transportation Economics, Elsevier, vol. 49(C), pages 65-75.
    2. te Boveldt, Geert & Van Raemdonck, Koen & Macharis, Cathy, 2018. "A new railway tunnel under Brussels? Assessing political feasibility and desirability with competence-based multi criteria analysis," Transport Policy, Elsevier, vol. 66(C), pages 30-39.
    3. Hugo Priemus & Bert van Wee (ed.), 2013. "International Handbook on Mega-Projects," Books, Edward Elgar Publishing, number 14791.
    4. Chantal C. Cantarelli & Bent Flyvbjerg, 2013. "Mega-projects’ cost performance and lock-in: problems and solutions," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 15, pages 333-355, Edward Elgar Publishing.
    5. Thomas, Peter & O’Donoghue, Daniel, 2013. "The Channel Tunnel: transport patterns and regional impacts," Journal of Transport Geography, Elsevier, vol. 31(C), pages 104-112.

Books

  1. Bent Flyvbjerg (ed.), 2014. "Megaproject Planning and Management: Essential Readings," Books, Edward Elgar Publishing, volume 0, number 14769.

    Cited by:

    1. Flyvbjerg, Bent & Bester, Dirk W., 2021. "The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 12(3), pages 395-419, October.
    2. Harry T. Dimitriou & Nicholas Low & Sophie Sturup & Genevieve Zembri & Elisabeth Campagnac & George Kaparos & Pantoleon Skayannis & Yasunori Muromachi & Seiji Iwakura & Kazuya Itaya & Mendel Giezen & , 2014. "What constitutes a "successful" mega transport project?/Leadership, risk and storylines: The case of the Sydney Cross City Tunnel/The case of the LGV Méditerranée high speed railway line/Dea," Planning Theory & Practice, Taylor & Francis Journals, vol. 15(3), pages 389-430, September.
    3. Bent Flyvbjerg & Cass R. Sunstein, 2015. "The Principle of the Malevolent Hiding Hand; or, the Planning Fallacy Writ Large," Papers 1509.01526, arXiv.org.
    4. Kai-Kristina Lattrich & Marion Büttgen, 2020. "Project leaders’ control resources and role overload as predictors of project success: developing the job demands–resources model," Business Research, Springer;German Academic Association for Business Research, vol. 13(2), pages 767-788, July.
    5. Joachim Thiel & Gernot Grabher, 2015. "Crossing Boundaries: Exploring the London Olympics 2012 as a Field-Configuring Event," Industry and Innovation, Taylor & Francis Journals, vol. 22(3), pages 229-249, April.
    6. Salvador Bertomeu & Antonio Estache, 2016. "Unbundling Political and Economic Rationality: a Non-Parametric Approach Tested on Spain," Working Papers ECARES ECARES 2016-17, ULB -- Universite Libre de Bruxelles.

  2. Hugo Priemus & Bent Flyvbjerg & Bert van Wee (ed.), 2008. "Decision-Making on Mega-Projects," Books, Edward Elgar Publishing, number 4112.

    Cited by:

    1. Sandro Fabbro & Marco Dean, 2012. "More realistic national infrastructure strategies to connect regions with the global networks: the Italian case," ERSA conference papers ersa12p392, European Regional Science Association.
    2. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 0. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 0, pages 1-10.
    3. Graeme A. Hodge, 2010. "Reviewing Public–Private Partnerships: Some Thoughts on Evaluation," Chapters, in: Graeme A. Hodge & Carsten Greve & Anthony E. Boardman (ed.), International Handbook on Public–Private Partnerships, chapter 5, Edward Elgar Publishing.
    4. Lundberg, Mattias & Jenpanitsub, Anchalee & Pyddoke, Roger, 2011. "Cost overruns in Swedish transport projects," Working papers in Transport Economics 2011:11, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    5. Rothengatter, Werner, 2019. "Megaprojects in transportation networks," Transport Policy, Elsevier, vol. 75(C), pages 1-15.
    6. Ihsan Issa Ahmad Hosani & Fikri T. Dweiri & Udechukwu Ojiako, 2020. "A study of cost overruns in complex multi-stakeholder road projects in the United Arab Emirates," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(6), pages 1250-1259, December.
    7. John Lauermann, 2016. "Temporary projects, durable outcomes: Urban development through failed Olympic bids?," Urban Studies, Urban Studies Journal Limited, vol. 53(9), pages 1885-1901, July.
    8. Dean, M., 2021. "Participatory multi-criteria analysis methods: Comprehensive, inclusive, transparent and user-friendly? An application to the case of the London Gateway Port," Research in Transportation Economics, Elsevier, vol. 88(C).
    9. Ferretto, Laura & Bruzzone, Francesco & Nocera, Silvio, 2021. "Pathways to active mobility planning," Research in Transportation Economics, Elsevier, vol. 86(C).
    10. Federico Savini, 2017. "Planning, uncertainty and risk: The neoliberal logics of Amsterdam urbanism," Environment and Planning A, , vol. 49(4), pages 857-875, April.
    11. Miller, Michael & Szimba, Eckhard, 2015. "How to avoid unrealistic appraisal results? A concept to reflect the occurrence of risk in the appraisal of transport infrastructure projects," Research in Transportation Economics, Elsevier, vol. 49(C), pages 65-75.
    12. Francesco Parola & Jasmine Siu Lee Lam, 2018. "An empirical investigation of logistics infrastructure projects in emerging economies," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(1), pages 48-71, March.
    13. Ronald Klingebiel & Arnoud De Meyer, 2013. "Becoming Aware of the Unknown: Decision Making During the Implementation of a Strategic Initiative," Organization Science, INFORMS, vol. 24(1), pages 133-153, February.
    14. Martijn Leijten, 2013. "Real-world decision-making on mega-projects: politics, bias and strategic behaviour," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 4, pages 57-82, Edward Elgar Publishing.
    15. Bert van Wee & Piet Rietveld, 2013. "CBA: ex ante evaluation of mega-projects," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 12, pages 269-290, Edward Elgar Publishing.
    16. te Boveldt, Geert & Van Raemdonck, Koen & Macharis, Cathy, 2018. "A new railway tunnel under Brussels? Assessing political feasibility and desirability with competence-based multi criteria analysis," Transport Policy, Elsevier, vol. 66(C), pages 30-39.
    17. Román, Concepción & Martín, Juan Carlos, 2014. "Integration of HSR and air transport: Understanding passengers’ preferences," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 71(C), pages 129-141.
    18. Hagigi, Moshe & Sivakumar, Kumar, 2009. "Managing diverse risks: An integrative framework," Journal of International Management, Elsevier, vol. 15(3), pages 286-295, September.
    19. Juhyun Lee & Jos Arts & Frank Vanclay & John Ward, 2020. "Examining the Social Outcomes from Urban Transport Infrastructure: Long-Term Consequences of Spatial Changes and Varied Interests at Multiple Levels," Sustainability, MDPI, vol. 12(15), pages 1-21, July.
    20. Pessino, Carola & Izquierdo, Alejandro & Vuletin, Guillermo, 2018. "Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less," IDB Publications (Books), Inter-American Development Bank, number 9152, May.
    21. Abdulla Abdulaziz Al-Subaie & Mohd. Nishat Faisal & Belaid Aouni & Faisal Talib, 2021. "A Strategic Framework for Transformational Leadership Development in Megaprojects," Sustainability, MDPI, vol. 13(6), pages 1-21, March.
    22. Giorgio Locatelli, 2018. "Why are Megaprojects, Including Nuclear Power Plants, Delivered Overbudget and Late? Reasons and Remedies," Papers 1802.07312, arXiv.org.
    23. Willem K Korthals Altes, 2010. "The Financial Estimates and Results of Servicing Land in the Netherlands," Environment and Planning B, , vol. 37(5), pages 929-941, October.
    24. Dorren, Lars & Van Dooren, Wouter, 2021. "Chameleonic knowledge: a study of ex ante analysis in large infrastructure policy processes," SocArXiv 2shq9, Center for Open Science.
    25. Graeme Hodge & Carsten Greve, 2013. "Public–private partnership in developing and governing mega-projects," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 9, pages 182-208, Edward Elgar Publishing.
    26. Alexander Budzier & Bent Flyvbjerg, 2013. "Double Whammy - How ICT Projects are Fooled by Randomness and Screwed by Political Intent," Papers 1304.4590, arXiv.org.
    27. Lars Dorren & Wouter Dooren, 2021. "Chameleonic knowledge: a study of ex ante analysis in large infrastructure policy processes," Policy Sciences, Springer;Society of Policy Sciences, vol. 54(2), pages 289-312, June.
    28. Bent Flyvbjerg, 2013. "Why Mass Media Matter to Planning Research: The Case of Megaprojects," Papers 1304.1665, arXiv.org.
    29. Femke Bekius & Sebastiaan Meijer & Hugo Thomassen, 2022. "A Real Case Application of Game Theoretical Concepts in a Complex Decision-Making Process: Case Study ERTMS," Group Decision and Negotiation, Springer, vol. 31(1), pages 153-185, February.
    30. Thomopoulos, N. & Grant-Muller, S. & Tight, M.R., 2009. "Incorporating equity considerations in transport infrastructure evaluation: Current practice and a proposed methodology," Evaluation and Program Planning, Elsevier, vol. 32(4), pages 351-359, November.
    31. Giezen, Mendel & Salet, Willem & Bertolini, Luca, 2015. "Adding value to the decision-making process of mega projects: Fostering strategic ambiguity, redundancy, and resilience," Transport Policy, Elsevier, vol. 44(C), pages 169-178.
    32. Dimitriou, Harry T. & Ward, E. John & Dean, Marco, 2016. "Presenting the case for the application of multi-criteria analysis to mega transport infrastructure project appraisal," Research in Transportation Economics, Elsevier, vol. 58(C), pages 7-20.
    33. Bert van Wee & Jan Anne Annema & Hugo Priemus, 2013. "Model building for infrastructure initiatives," Chapters, in: Peter Karl Kresl & Jaime Sobrino (ed.), Handbook of Research Methods and Applications in Urban Economies, chapter 17, pages 423-441, Edward Elgar Publishing.
    34. Hugo Priemus & Marian Bosch-Rekveldt & Mendel Giezen, 2013. "Dealing with the complexity, uncertainties and risk of megaprojects: redundancy, resilience and adaptivity," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 5, pages 83-110, Edward Elgar Publishing.
    35. Arthur Grimes, 2011. "Building Bridges: Treating a New Transport Link as a Real Option," Working Papers 11_12, Motu Economic and Public Policy Research.
    36. Atif Ansar & Martin Pohlers, 2014. "Fluid populations, immobile assets: Synchronizing infrastructure investments with shifting demography," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 17(2), pages 222-248, June.
    37. Chi, Sae & Bunker, Jonathan, 2021. "An Australian perspective on real-life cost-benefit analysis and assessment frameworks for transport infrastructure investments," Research in Transportation Economics, Elsevier, vol. 88(C).
    38. Portugal-Pereira, J. & Ferreira, P. & Cunha, J. & Szklo, A. & Schaeffer, R. & Araújo, M., 2018. "Better late than never, but never late is better: Risk assessment of nuclear power construction projects," Energy Policy, Elsevier, vol. 120(C), pages 158-166.
    39. David Pierce & Simon Shepherd & Daniel Johnson, 2019. "Modelling the Impacts of Inter-City Connectivity on City Specialisation," International Journal of System Dynamics Applications (IJSDA), IGI Global, vol. 8(4), pages 47-70, October.
    40. Matthias Fleischer & Maximilian Fuhrmann & Christoph Haferburg & Fred Krüger, 2013. "“Festivalisation” of Urban Governance in South African Cities: Framing the Urban Social Sustainability of Mega-Event Driven Development from Below," Sustainability, MDPI, vol. 5(12), pages 1-24, December.
    41. Gabriel Castelblanco & Jose Guevara & Harrison Mesa & Diego Flores, 2020. "Risk Allocation in Unsolicited and Solicited Road Public-Private Partnerships: Sustainability and Management Implications," Sustainability, MDPI, vol. 12(11), pages 1-28, June.
    42. Cathy Macharis & Peter Nijkamp, 2013. "Multi-actor and multi-criteria analysis in evaluating mega-projects," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 11, pages 242-266, Edward Elgar Publishing.
    43. James Alm, 2015. "Financing Urban Infrastructure: Knowns, Unknowns, And A Way Forward," Journal of Economic Surveys, Wiley Blackwell, vol. 29(2), pages 230-262, April.
    44. Eva Kassens-Noor, 2019. "“Failure to adjust†: Boston’s bid for the 2024 Olympics and the difficulties of learning Olympic wisdom," Environment and Planning A, , vol. 51(8), pages 1684-1702, November.
    45. van Geet, Marijn Thomas & Lenferink, Sander & Arts, Jos & Leendertse, Wim, 2019. "Understanding the ongoing struggle for land use and transport integration: Institutional incongruence in the Dutch national planning process," Transport Policy, Elsevier, vol. 73(C), pages 84-100.
    46. Carl Koopmans & Piet Rietveld, 2013. "Long-term impacts of mega-projects: the discount rate," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 14, pages 313-332, Edward Elgar Publishing.
    47. Knut Samset, 2013. "Strategic and tactical performance of mega-projects – between successful failures and inefficient successes," Chapters, in: Hugo Priemus & Bert van Wee (ed.), International Handbook on Mega-Projects, chapter 2, pages 11-33, Edward Elgar Publishing.
    48. Yazan Issa Abu Aisheh, 2021. "Lessons Learned, Barriers, and Improvement Factors for Mega Building Construction Projects in Developing Countries: Review Study," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    49. Arthur Grimes, 2010. "The Economics of Infrastructure Investment: Beyond Simple Cost Benefit Analysis," Working Papers 10_05, Motu Economic and Public Policy Research.
    50. Lauriane Gorce (ed.), 2017. "Parameters influencing the choice of durability of a public infrastructure - a literature review," Rapports, Polytechnique Montreal, Groupe de recherche en Gestion et mondialisation de la technologie, number 2017-02, October.
    51. Schwanitz, Valeria Jana & Wierling, August, 2016. "Offshore wind investments – Realism about cost developments is necessary," Energy, Elsevier, vol. 106(C), pages 170-181.
    52. Tianyi Nie & Kunhui Ye, 2017. "Demystifying the Barriers to Transport Infrastructure Project Development in Fast Developing Regions: The Case of China," Sustainability, MDPI, vol. 9(10), pages 1-18, October.
    53. GIULIANO, Genevieve & KNATZ, Geraldine & HUDSON, Nathan & SYS, Christa & VANELSLANDER, Thierry & CARLAN, Valentin, 2016. "Decison-making for maritime innovation investments: The significance of cost benefit and cost effectiveness analysis," Working Papers 2016001, University of Antwerp, Faculty of Business and Economics.
    54. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Big is Fragile: An Attempt at Theorizing Scale," Papers 1603.01416, arXiv.org, revised Jun 2017.
    55. Tom Ogwang & Frank Vanclay, 2021. "Resource-Financed Infrastructure: Thoughts on Four Chinese-Financed Projects in Uganda," Sustainability, MDPI, vol. 13(6), pages 1-22, March.
    56. de Jong, Martin & Mu, Rui & Stead, Dominic & Ma, Yongchi & Xi, Bao, 2010. "Introducing public–private partnerships for metropolitan subways in China: what is the evidence?," Journal of Transport Geography, Elsevier, vol. 18(2), pages 301-313.
    57. Macmillen, James & Stead, Dominic, 2014. "Learning heuristic or political rhetoric? Sustainable mobility and the functions of ‘best practice’," Transport Policy, Elsevier, vol. 35(C), pages 79-87.
    58. Thomas, Peter & O’Donoghue, Daniel, 2013. "The Channel Tunnel: transport patterns and regional impacts," Journal of Transport Geography, Elsevier, vol. 31(C), pages 104-112.
    59. Ward, E. John & Dimitriou, Harry T. & Dean, Marco, 2016. "Theory and background of multi-criteria analysis: Toward a policy-led approach to mega transport infrastructure project appraisal," Research in Transportation Economics, Elsevier, vol. 58(C), pages 21-45.

  3. Flyvbjerg,Bent & Bruzelius,Nils & Rothengatter,Werner, 2003. "Megaprojects and Risk," Cambridge Books, Cambridge University Press, number 9780521009461.

    Cited by:

    1. Van Wee, Bert & Molin, Eric, 2012. "Transport and ethics: Dilemmas for CBA researchers. An interview-based study from the Netherlands," Transport Policy, Elsevier, vol. 24(C), pages 30-36.
    2. Naomi C. Hanakata & Anna Gasco, 2018. "The Grand Projet politics of an urban age: urban megaprojects in Asia and Europe," Palgrave Communications, Palgrave Macmillan, vol. 4(1), pages 1-10, December.
    3. Bloomfield, Katherine & Williams, Terry & Bovis, Chris & Merali, Yasmin, 2019. "Systemic risk in major public contracts," International Journal of Forecasting, Elsevier, vol. 35(2), pages 667-676.
    4. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    5. Bent Flyvbjerg, 2021. "Four Ways to Scale Up: Smart, Dumb, Forced, and Fumbled," Papers 2101.11104, arXiv.org.
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