Table 3

Examples of research considering contractual flexibility for the evaluation of road concessions

SourceVariability consideredSimulation method
Galera and Soliño (2010) Change in the traffic volumeDecision trees
Blank et al. (2016), Chiara et al. (2007), Shan et al. (2010), Soliño et al. (2018), Dong and Chiara (2010), Vasudevan et al. (2018) Change in the traffic volumeMonte Carlo

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