What makes long-term investment decisions forward looking: A framework applied to the case of Amsterdam's new sea lock
作者： W.D. Pot , A. Dewulf , G.R. Biesbroek , M.J. van der Vlist , C.J.A.M. Termeer
DOI: 10.1016/J.TECHFORE.2018.01.031
关键词:
摘要: Abstract Long-term investments challenge decision makers to look into the far future. Existing future studies often build upon a rational idea of making that does not help explain why anticipate In addition, existing do provide clear definition what is considered as “forward looking”. This article proposes framework can be used evaluate and for reasons based on criteria take forward-looking investment decisions. We apply this specific decision-making case about Dutch sea lock, use interviews (n = 16) content analysis primary documents (n = 430). find all decisions are necessarily forward looking. Secondly, we conclude from our became looking because administrators scenarios, visions, flexible solutions support, avoid political risks comply formal rules. Scenario developers urban planners could therefore involve in early stages process increase their awareness towards which they steering them with alternative paths. Furthermore, identify relevant institutional rules features stimulate
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