Hundreds of Years of Pain, With Minimal Gain: Capital Project Cost Overruns, the Past, Present, and Optimistic Future
Author:
Affiliation:
1. School of Civil and Mechanical Engineering, Curtin University, Perth, WA, Australia
2. Penn State Behrend: Black School of Business, Erie, PA, USA
3. Telfer School of Management, University of Ottawa, Ottawa, ON, Canada
Publisher
Institute of Electrical and Electronics Engineers (IEEE)
Subject
Electrical and Electronic Engineering,Strategy and Management,Management of Technology and Innovation
Link
http://xplorestaging.ieee.org/ielx7/46/10024678/09941085.pdf?arnumber=9941085
Reference96 articles.
1. Development projects observed;hirschman,1967
2. The Principle of the Malevolent Hiding Hand; or, the Planning Fallacy Writ Large
3. Procedures for dealing with optimism bias in transport planning. London: The British Department for Transport, Guidance Document;flyvbjerg,2004
4. New challenges to the rationality assumption;kahneman;Journal of Institutional and Theoretical Economics,1994
5. Beneficial or Detrimental Ignorance: The Straw Man Fallacy of Flyvbjerg’s Test of Hirschman’s Hiding Hand
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