This project analyses and discusses forecast accuracy based on extensive empirical studies, and refers this to the organisational context, and this in turn is used to make recommendations and guidelines for model use. These uncertainties will be examined under three headings relating to cost estimates, traffic forecasts and cost benefit analysis. The main output will be to help modify the Danish modelling and planning practice by reducing systematic bias, and by quantifying model uncertainties for decision support.

Further Information

For more information on this research project please contact Prof. David Banister.