Estimating Toll Road Demand and Revenue (2007)

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45 59. Calfee, J., C. Winston, and R. Stempski, “Econometric Issues in Estimating Consumer Preferences from Stated Preference Data: A Case Study of the Value of Automo- bile Travel Time,” The Review of Economics and Statis- tics, Vol. 83, No. 4, 2001, pp. 699–707. 60. Bain, R. and J. Plantagie, “Traffic Forecasting Risk: Study Update 2003,” Reason Public Policy Institute, Standard & Poor’s, New York, N.Y., Nov. 6, 2003. 61. Orsi, M., “Start-up Toll Road Facilities,” Paper pre- sented at National Federation of Municipal Analysts 1996 National Conference, Baltimore, Md., 1996. 62. Flyvbjerg, B., “Measuring Inaccuracy in Travel Demand Forecasting: Methodological Considerations Regarding Ramp Up and Sampling,” Transportation Research, Part A: Policy and Practice, Vol. 39, No. 6, 2005, pp. 522–530. 63. Wilbur Smith Associates, “Tyler Loop 49—Level 2 Intermediate Traffic and Toll Revenue Study,” Final Report, Texas Turnpike Authority Division, Texas Department of Transportation, Austin, Mar. 14, 2005. 64. Parsons Brinckerhoff, Resource Systems Group, “SR 520 Toll Feasibility Study,” Seattle, Wash., 2004. 65. Bruce, D., “Comments Related to ‘Recommended Best Practices in Disclosure for Toll Road Financings’,” Unpublished memorandum, HLB Decision Economics, Ottawa, ON, Canada, Mar. 4, 2005. 66. Lam, W. and M.L. Tam, “Risk Analysis of Traffic and Revenue Forecasts for Road Investment Projects,” Jour- nal of Infrastructure Systems, Vol. 4, No. 1, 1998, pp. 19–27. 67. Bain, R. and J. Plantagie, “Traffic Forecasting Risk: Study Update 2004,” Reason Public Policy Institute, Standard & Poor’s, New York, N.Y., Oct. 19, 2004. 68. Flyvbjerg, B. and COWI, “Procedure for Dealing with Optimism Bias in Transport Planning—Guidance Doc- ument,” British Department for Transport, London, United Kingdom, 2004. 69. “Introduction to New Starts, Federal Transit Adminis- tration,” Federal Transit Administration, Washington, D.C., Jan. 2005 [Online]. Available: www.fta.dot.gov/ 16893_ENG_HTML.htm. 70. “Certification Checklist for Travel Forecasting Meth- ods,” U.S. Department of Transportation, Washington, D.C., May 27, 2004. 71. “TMIP Peer Review Program Synthesis Report,” Volpe National Transportation Systems Center, Federal High- way Administration, Washington, D.C., 2004. 72. “TIFIA Project Oversight and Credit Monitoring Guid- ance,” Transportation Infrastructure and Finance Act (TIFIA) Joint Program Office, U.S. Department of Transportation, Washington, D.C., Aug. 4, 2005. 73. “Guidelines for Conducting TTA Traffic and Revenue Studies,” Technical Memorandum 2005-2, Texas Turn- pike Authority, Austin, 2005. 74. “Toll Feasibility Analysis Guide,” Texas Department of Transportation, Austin, 2004.