Contents Analysis of Highway Concessions in Europe

A Real Options Approach for the Valuation of Highway Concessions

T theory of real options offers an approach for the valuation of investments in real assets, based on the methodology developed for financial options. This approach is especially appropriate in the context of strategic decision making under conditions of uncertainty. This is the case for the valuation of highway concessions, where real options arise from certain clauses of the contracts, for ex...

The influence of economic incentives linked to road safety indicators on accidents: the case of toll concessions in Spain.

The goal of this paper is to evaluate whether the incentives incorporated in toll highway concession contracts in order to encourage private operators to adopt measures to reduce accidents are actually effective at improving safety. To this end, we implemented negative binomial regression models using information about highway characteristics and accident data from toll highway concessions in S...

Regional Transport Development and Urban Economic Isolation; Analysis of Paradoxical Consequences in Qazvin- Rasht Highway Construction: Loshan City, Iran

Conceptual Development and Performance Assessment for the Deployment Staging of Advanced Vehicle Control and Safety Systems

The contents of this report reflect the views of the authors who are responsible for the facts and the accuracy of the data presented herein. The contents do not necessarily reflect the official views or policies of the State of California. This report does not constitute a standard, specification, or regulation. The contents of this paper reflect the views of the authors, who are responsible f...

DEVELOPING THE LSM VPR SCHEDULING METHOD FOR SCHEDULING HIGHWAY CONSTRUCTION PROJECTS BASED ON EFFECTIVE FACTORS ON EMBANKMENT ACTIVITY PRODUCTIVITY

Highway construction projects are one of the most important construction projects in the world. Therefore predicting the time of these kinds of projects is important. Basically highway projects are including few activities which are repeating along the horizontal direction. One of the best methods for scheduling these types of projects is linear scheduling method. The repetitive nature of the h...