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Should values of time be differentiated?
Börjesson, Maria; Eliasson, Jonas - In: Transport reviews : a transnational transdisciplinary … 39 (2019) 3, pp. 357-375
Persistent link: https://www.econbiz.de/10012198175
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On timetable assumptions in railway investment appraisal
Eliasson, Jonas; Börjesson, Maria - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2013
The benefits captured in an appraisal of a railway investment are determined by what timetables the analyst assumes in … timetables to assume, the appraisal outcome is virtually arbitrary. This means that appraisals of railway investments cannot be …-benefit analysis. We explain and illustrate the nature and extent of the problem, and discuss the practical consequences for appraisal …
Persistent link: https://www.econbiz.de/10010945091
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Optimism bias in project appraisal: deception or selection?
Eliasson, Jonas; Fosgerau, Mogens - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2013
A number of highly cited papers by Flyvbjerg and associates have shown that ex-ante infrastructure appraisals tend to be overly optimistic. Ex post evaluations indicate a bias where investment cost is higher and demand lower on average than predicted ex ante. These authors argue that the bias...
Persistent link: https://www.econbiz.de/10011271353
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Cost overruns and demand shortfalls – deception or selection?
Eliasson, Jonas; Fosgerau, Mogens - Volkswirtschaftliche Fakultät, … - 2013
A number of highly cited papers by Flyvbjerg and associates have shown that ex ante infrastructure appraisals tend to be overly optimistic. Ex post evaluations indicate a bias where investment costs are higher and benefits lower on average than predicted ex ante. These authors argue that the...
Persistent link: https://www.econbiz.de/10011258650
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Experiences from the Swedish Value of Time study
Börjesson, Maria; Eliasson, Jonas - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2012
transport appraisal and understanding travel behaviour. We summarize recent econometric advances, and show how these enable a … differentiated in appraisal, and provide recommended values for use in applied transport appraisal. …
Persistent link: https://www.econbiz.de/10010764695
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Is CBA ranking of transport investments robust?
Börjesson, Maria; Eliasson, Jonas; Lundberg, Mattias - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2012
Cost-benefit analysis (CBA) is often used when many transport investments need to be ranked against each other, for example in national investment planning. However, results are often questioned on claims that the ranking depends crucially on uncertain assumptions about the future, and on...
Persistent link: https://www.econbiz.de/10010768942
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Cost overruns and demand shortfalls – Deception or selection?
Eliasson, Jonas; Fosgerau, Mogens - In: Transportation Research Part B: Methodological 57 (2013) C, pp. 105-113
A number of highly cited papers by Flyvbjerg and associates have shown that ex ante infrastructure appraisals tend to be overly optimistic. Ex post evaluations indicate a bias where investment costs are higher and benefits lower on average than predicted ex ante. These authors argue that the...
Persistent link: https://www.econbiz.de/10010719811
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Experiences from the Swedish Value of Time study
Börjesson, Maria; Eliasson, Jonas - In: Transportation Research Part A: Policy and Practice 59 (2014) C, pp. 144-158
transport appraisal and understanding travel behavior. We summarize recent econometric advances, and show how these enable a … differentiated in appraisal, and provide recommended values for use in applied transport appraisal. …
Persistent link: https://www.econbiz.de/10011043495
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The value of time and external benefits in bicycle appraisal
Börjesson, Maria; Eliasson, Jonas - In: Transportation Research Part A: Policy and Practice 46 (2012) 4, pp. 673-683
We estimate the value of time savings, different cycling environments and additional benefits in cost–benefit analysis of cycling investments. Cyclists’ value of travel time savings turns out to be high, considerably higher than the value of time savings on alternative modes. Cyclists also...
Persistent link: https://www.econbiz.de/10011043512
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Appraisal of increased public transport capacity: the case of a new metro line to Nacka, Sweden
Cats, Oded; West, Jens; Eliasson, Jonas - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2015
One of the most common motivations for public transport investments is increased capacity. However, appraisal … unreliable waiting and travel times - can increase the generalized travel costs. The appraisal of capacity improvements requires … comprehensive framework for appraisal. A case study of a metro extension that partially replaces an overloaded bus network in …
Persistent link: https://www.econbiz.de/10011118588