tag:blogger.com,1999:blog-7342528022617501525.post6969099900500377346..comments2024-03-28T15:05:33.781+13:00Comments on Economics New Zealand: A once in a generation opportunityDonal Curtinhttp://www.blogger.com/profile/03687495556590450225noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7342528022617501525.post-40518075365164805962016-03-15T14:11:58.249+13:002016-03-15T14:11:58.249+13:00Thanks very much for that - I hadn't seen his ...Thanks very much for that - I hadn't seen his work, but I'll follow it up once I've got a project I'm working on out the door. Much appreciated - I'll post again when I've read itDonal Curtinhttps://www.blogger.com/profile/03687495556590450225noreply@blogger.comtag:blogger.com,1999:blog-7342528022617501525.post-12164377583995108792016-03-15T14:08:06.115+13:002016-03-15T14:08:06.115+13:00Could I commend to you the work of Bent Flyvbjerg ...Could I commend to you the work of Bent Flyvbjerg at the Oxford Business School for an opposing view - that the costs of infrastructure projects are usually optimistically underestimated and their benefits overestimated, either innocently through natural optimism bias or deliberately so as to make sure they get built. He's got plenty of empirical evidence on his side. For example, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2229768Wellington Haikuhttps://www.blogger.com/profile/07284287022645915266noreply@blogger.com