Delusion and Deception in Large Infrastructure Projects: Two Models for Explaining and Preventing Executive Disaster

The article discusses infrastructure project planning, examining the complex principal-agent relationships that are involved with the approval and construction of large infrastructure projects. Such projects are usually finished with time delays, with large cost overruns, and benefit shortfalls, the...

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Bibliographic Details
Main Authors: Flyvbjerg, B, Garbuio, M, Lovallo, D
Format: Journal article
Published: 2009