Value of Bayesian Pre-Posterior Information for Enhancing Life-Cycle Cost Analysis of Highway Investments

Assessing risk in life-cycle cost and benefit estimates of highway investments is recommended by major organizations such as the World Bank and the U.S. Federal Highway Administration. This challenging task needs methodological support. Mutually exclusive investment alternatives can differ in terms...

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Bibliographic Details
Main Authors: Baraa A. Alfasi, Ata M. Khan
Format: Article
Language:English
Published: MDPI AG 2025-05-01
Series:CivilEng
Subjects:
Online Access:https://www.mdpi.com/2673-4109/6/2/25
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