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Keywords: Monte-Carlo simulation
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Journal Articles
Engineering, Construction and Architectural Management (2022) 29 (3): 1396–1426.
Published: 29 April 2021
... volumes and fluctuating growth rates. Design/methodology/approach A decision-making model determining the concession period of a transportation BOT project is proposed by using the Monte-Carlo simulation method based on CPT, and the effects of risky behaviors of private investors on concession period...
