Error and optimism bias in toll road traffic forecasts

By R. Bain. 2009

205 citations recorded by the source corpus.

Subfields: Civil and Structural Engineering, Management Science and Operations Research, Transportation

View Paper: https://www.semanticscholar.org/paper/9cabc28827c0a02d75e5cba07a604c44e0bd3f0f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. S. Lee
2. Jian Lu
3. Keith Molenaar
4. Baabak Ashuri
5. H. Kashani

Citations in the corpus

• Risk-Neutral Pricing Approach for Evaluating BOT Highway Projects with Government Minimum Revenue Guarantee Options (2012, background): “In addition, a 2005 survey of international toll roads, bridges and tunnels revealed that traffic forecasts are typically optimistic and are on average approximately 23% higher than actual traffic demands (Bain 2009).”