Matas, Anna; Raymond, Josep-Lluis; Ruiz, Adriana - Xarxa de Referència en Economia Aplicada (XREAP) - 2009
Traffic forecasts provide essential input for the appraisal of transport investment projects. However, according to recent empirical evidence, long-term predictions are subject to high levels of uncertainty. This paper quantifies uncertainty in traffic forecasts for the tolled motorway network...