/
RSS Feed
Forecasts of the costs and benefits of infrastructure projects are important for making informed investment decisions. However, there have been many instances of major cost overruns and unexpected low utilization of new facilities. To explore the nature and pattern of such prediction errors and what we can do to make more accurate predictions, we talk with, Dr. Martin Wachs, Distinguished Professor Emeritus of Urban Planning at UCLA, formerly with the RAND Corporation and before that professor at UC Berkeley