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Keywords: real options
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Journal Articles
Journal:
Infrastructure Asset Management
Infrastructure Asset Management (2022) 9 (3): 135–155.
Published: 04 May 2022
... and explicitly considering how highways may be modified in the future as a function of the actual future that emerges. In this paper, the use of a quantitative evaluation method using real options is explored to evaluate highway designs, considering uncertainties in future mobility patterns and management...
