Abstract: A procedure for siting major new airports is proposed and validated by example of its successful use in Australia to obtain agreement on the location of the second Sydney airport. The technique differs from the traditional ...

Abstract: Contractors add significant premiums, on the order of 3%, to their bids when they have a low need for work or projects have high risk. An empirical study of the effect of need‐for‐work and project risk on contractor bid ...

Abstract: This case study shows how designers of infrastructure systems can evaluate flexibility in engineering systems in fairly simple ways. Specifically, it illustrates a spreadsheet approach to valuing “real options” in a project. ...

Abstract: This note presents, for the first time, the concept of benchmarking of airports from the perspective of designers and planners. Benchmarking is valuable for three reasons: it provides basic data otherwise difficult to ...

Abstract: This paper provides a comprehensive guide to the design of shared facilities. Shared facilities serve many users (aircraft, airlines, or types of services) in several functions (arrivals, departures, international and ...

Abstract: Owners of projects have the opportunity to improve the bids obtained from bidders by using a well‐known psychological phenomenon called “preference reversal.” This is a systematic tendency of people, to pay more than they ...

Abstract: This paper uses a novel analysis to define the optimal configuration of airport passenger buildings for travelers. The approach explicitly recognizes two significant practical facts omitted in previous work—(1) the importance ...

Abstract: This paper presents an analysis of the dynamics of evolution of multiairport systems worldwide that can help to guide their effective development in the future. Given the capacity constraints on existing major airports, ...

Abstract: Long-term price changes in water resources benefits may greatly affect a project’s value, however the traditional approach to river basin planning has not been able to take full account of these uncertainties. Additionally, ...