Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Transport on the couch

Local Transport Today
13 May 2016
 

The DfT’s appointment of the Behavioural Insights Team to explore cognitive factors in transport project management opens up a fascinating research area. Anyone who follows transport policy and practice closely can probably cite examples of optimism bias leading to project cost overruns and delays. They may also be familiar with authorities continuing with outdated projects because of sunk costs (‘sunk cost bias’), and the various defensive strategies that project promoters...

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Wirral Council
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