Tag Archives: real options theory

Creating Flexible Plans for an Uncertain Future

In urban planning, plans increasingly contain exploratory scenarios describing urban futures and uncertainty. However, when it comes time to decide what infrastructure is built, too often all the nuance is thrown out for narrow-minded cost benefit analysis and simplistic and politicized all-or-nothing decisions. I think we can do better! In 2021-2022 I hosted Thomas Machiels […]

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