Over the past three years the credit rating agency Standard & Poor's has published a series
of reports reflecting on the performance of traffic forecasts. The original study concentrated …

Toll roads, bridges and tunnels represent the most popular class of infrastructure attracting
international private finance today. Many deals, however, expose financiers, insurers and …

Traffic forecasts are employed in the toll road sector, inter alia, by private sector investors to
gauge the bankability of candidate investment projects. Although much is written in the …

Traffic forecasting risk research published in 2002 by Standard and Poor suggested that toll
road forecasts have generally overestimated traffic by20-30%. A 2004 study update …

Inaccurate forecasts represent a major source of risk in road and toll projects because they
could result in financial difficulties or even bankruptcy. This paper focuses on demand and …

Forecasting traffic and toll revenues for new highway projects involves great uncertainty
because of the inherent uncertainty in the models used to make forecasts. As private …

This paper deals with the accuracy of travel demand forecasts among Norwegian road
projects. We use data collected from tolled roads and toll free roads. The results reveal that …

This paper presents results from the first statistically significant study of traffic forecasts in
transportation infrastructure projects. The sample used is the largest of its kind, covering 210 …

In recent years, Norwegian toll road projects have experienced financial difficulties, from
which the United States can learn. This article examines weaknesses in Norwegian …

This paper provides a review of transport model applications that not only provide a central
traffic forecast (or forecasts for a few scenarios), but also quantify the uncertainty in the traffic …