Coping with uncertainty: an expedition into the field of new transport technology
Marina Van Geenhuizen and
Peter Nijkamp
Transportation Planning and Technology, 2003, vol. 26, issue 6, 449-467
Abstract:
Many decisions taken by mankind are rational only to a limited extent. This holds for individual travel behaviour, but also for long-range strategic decisions on transport systems or transport technology. In any decision problem, coping with uncertainty is the most critical element. The introduction of new transport technology is surrounded by uncertainty. For example, there is uncertainty about the pace and extent of adoption of new technology and there is uncertainty about the impact of new technology in terms of increased sustainability or increased efficiency. This article maps uncertainty surrounding new transport technology and identifies ways in which to deal with uncertainty in policy making. The findings will be illustrated with electric vehicles, particularly with two specific strategies to deal with uncertainty: interactive technology watching and experimentation in a market niche. The paper concludes with a discussion of success factors that influence the outcomes of such strategies.
Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://hdl.handle.net/10.1080/0308106032000167355 (text/html)
Access to full text is restricted to subscribers.
Related works:
Working Paper: Coping with uncertainty: an expedition in the field of new transport technology (2001) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:transp:v:26:y:2003:i:6:p:449-467
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GTPT20
DOI: 10.1080/0308106032000167355
Access Statistics for this article
Transportation Planning and Technology is currently edited by Dr. David Gillingwater
More articles in Transportation Planning and Technology from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().