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Cameron, I and Hare, B (2008) Planning tools for integrating health and safety in construction. Construction Management and Economics, 26(09), 909.
Chiara, N and Garvin, M J (2008) Variance models for project financial risk analysis with applications to greenfield BOT highway projects. Construction Management and Economics, 26(09), 39.
Damnjanovic, I, Duthie, J and Waller, S T (2008) Valuation of strategic network flexibility in development of toll road projects. Construction Management and Economics, 26(09), 90.
- Type: Journal Article
- Keywords: infrastructure planning; real options; network analysis; tolls
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446190802272707
- Abstract:
A reliable, cost-effective and safe transportation system is essential to economic growth. To keep pace with demands for network capacity, revenue-generating projects are increasingly being used to complement the current procurement practices and lessen the pressure on public finances. In such transportation networks where there exists a mix of free access links and links with user fees, network interconnectivity is an important component of project valuation. A bilevel stochastic recourse model for valuating network flexibility is formulated. A key component of the model is consideration of network-based managerial flexibility in context of the upper level project valuation objective and the lower level network user equilibrium solution under demand uncertainty. The results from a test network, for which a closed form solution is possible, indicate that the value of network flexibility directly depends on initial network conditions, variance in future travel demand and toll pricing decisions.
Huang, Y-L (2008) The pricing of conditional performance guarantees with risky collateral. Construction Management and Economics, 26(09), 78.
Jaillon, L and Poon, C S (2008) Sustainable construction aspects of using prefabrication in dense urban environment: a Hong Kong case study. Construction Management and Economics, 26(09), 66.
Laryea, S and Hughes, W (2008) How contractors price risk in bids: theory and practice. Construction Management and Economics, 26(09), 24.
Li, H, Guo, H, Skibniewski, M J and Skitmore, M (2008) Using the IKEA model and virtual prototyping technology to improve construction process management. Construction Management and Economics, 26(09), 1000.
Styhre, A (2008) The role of social capital in knowledge sharing: the case of a specialist rock construction company. Construction Management and Economics, 26(09), 51.