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to each party in spite of the surrounding uncertainty. Both parties are risk-neutral; there is no limited liability …
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Few studies have specifically focused on the uncertainty of demand forecasting despite the fact that uncertainty is the … robust contract conditions considering uncertainty in travel demand forecasting in a PPP project. Through a case study of an … to the uncertainty in contracted forecast ridership levels. The results allow the suggestion that robust contract …
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The traditional methods and techniques employed in operational management seem unable to provide solutions that can be actually practiced. This insufficiency is caused by the uncertainties and delays which are faced in practice. The potential causes of these uncertainties are usually internal...
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