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Flyvbjerg
Bent Flyvbjerg is a Danish economic geographer. He was the First BT Professor and Inaugural Chair of Major Programme Management at Oxford University's Saïd Business School (retiring from the post in 2021) and is the Villum Kann Rasmussen Professor and Chair of Major Program Management at the IT University of Copenhagen. He was previously Professor of Planning at Aalborg University, Denmark and Chair of Infrastructure Policy and Planning at Delft University of Technology, The Netherlands. He is a fellow of St Anne's College, Oxford. Academic work Flyvbjerg is the author or editor of 10 books and more than 200 papers in professional journals and edited volumes. His publications have been translated into 20 languages. He is a frequent commentator in the media. Flyvbjerg received his Ph.D. in urban geography and planning from Aarhus University, Denmark, with parts done at the University of California at Los Angeles. He has written extensively about megaprojects, decision making, ...
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Megaproject
A megaproject is an extremely large-scale investment project. According to the ''Oxford Handbook of Megaproject Management'', "Megaprojects are large-scale, complex ventures that typically cost $1 billion or more, take many years to develop and build, involve multiple public and private stakeholders, are transformational, and impact millions of people". However, $1 billion is not a constraint in defining megaprojects; in some contexts a relative approach is needed, such as in developing countries, where a much smaller project (such as one with a $100 million budget) could constitute a megaproject. Therefore, a more general definition is "Megaprojects are temporary endeavours (i.e. projects) characterized by: large investment commitment, vast complexity (especially in organizational terms), and long-lasting impact on the economy, the environment, and society". Bent Flyvbjerg, a professor at the Saïd Business School of the University of Oxford says that globally, megaprojects mak ...
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Megaprojects
A megaproject is an extremely large-scale investment project. According to the ''Oxford Handbook of Megaproject Management'', "Megaprojects are large-scale, complex ventures that typically cost $1 billion or more, take many years to develop and build, involve multiple public and private stakeholders, are transformational, and impact millions of people". However, $1 billion is not a constraint in defining megaprojects; in some contexts a relative approach is needed, such as in developing countries, where a much smaller project (such as one with a $100 million budget) could constitute a megaproject. Therefore, a more general definition is "Megaprojects are temporary endeavours (i.e. projects) characterized by: large investment commitment, vast complexity (especially in organizational terms), and long-lasting impact on the economy, the environment, and society". Bent Flyvbjerg, a professor at the Saïd Business School of the University of Oxford says that globally, megaprojects mak ...
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Planning Fallacy
The planning fallacy is a phenomenon in which predictions about how much time will be needed to complete a future task display an optimism bias and underestimate the time needed. This phenomenon sometimes occurs regardless of the individual's knowledge that past tasks of a similar nature have taken longer to complete than generally planned. The bias affects predictions only about one's own tasks; when outside observers predict task completion times, they tend to exhibit a pessimistic bias, overestimating the time needed. The planning fallacy involves estimates of task completion times more optimistic than those encountered in similar projects in the past. The planning fallacy was first proposed by Daniel Kahneman and Amos Tversky in 1979. In 2003, Lovallo and Kahneman proposed an expanded definition as the tendency to underestimate the time, costs, and risks of future actions and at the same time overestimate the benefits of the same actions. According to this definition, the plann ...
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Optimism Bias
Optimism bias (or the optimistic bias) is a cognitive bias that causes someone to believe that they themselves are less likely to experience a negative event. It is also known as unrealistic optimism or comparative optimism. Optimism bias is common and transcends gender, ethnicity, nationality, and age.O’Sullivan, Owen P. (2015)The neural basis of always looking on the bright side.''Dialogues in Philosophy, Mental and Neuro Sciences'', 8(1):11–15. Optimistic biases are even reported in non-human animals such as rats and birds. However, autistic people are less susceptible to optimistic biases. Four factors can cause a person to be optimistically biased: their desired end state, their cognitive mechanisms, the information they have about themselves versus others, and overall mood. The optimistic bias is seen in a number of situations. For example: people believing that they are less at risk of being a crime victim, smokers believing that they are less likely to contract lung can ...
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Aalborg University
Aalborg University (AAU) is a Danish public university with campuses in Aalborg, Esbjerg, and Copenhagen founded in 1974. The university awards bachelor's degrees, master's degrees, and PhD degrees in a wide variety of subjects within humanities, social sciences, information technology, design, engineering, exact sciences, and medicine. History The idea of a university in the North Jutland Region started in 1961 when the North Jutland Committee for higher education institutions was established. On 19 August 1969 the Aalborg University Association was founded and a planning group was established with Eigil Hastrup as chairman. The same year in December, about 1,000 people from North Jutland demonstrated in front of the Folketinget (the Danish Parliament) for their cause. In 1970, a law about the establishment of a university centre in Aalborg was passed in the Danish Parliament. In 1972, it was decided that the first rector of the new university center should be the Swedish his ...
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Delft University Of Technology
Delft University of Technology ( nl, Technische Universiteit Delft), also known as TU Delft, is the oldest and largest Dutch public technical university, located in Delft, Netherlands. As of 2022 it is ranked by QS World University Rankings among the top 10 engineering and technology universities in the world. In the fields of architecture and civil engineering, it was ranked 2nd in the world, after MIT (Massachusetts Institute of Technology). With eight faculties and numerous research institutes, it has more than 26,000 students (undergraduate and postgraduate) and 6,000 employees (teaching, research, support and management staff). The university was established on 8 January 1842 by William II of the Netherlands as a Royal Academy, with the primary purpose of training civil servants for work in the Dutch East Indies. The school expanded its research and education curriculum over time, becoming a polytechnic school in 1864 and an institute of technology (making it a full-fledged ...
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Niccolò Machiavelli
Niccolò di Bernardo dei Machiavelli ( , , ; 3 May 1469 – 21 June 1527), occasionally rendered in English as Nicholas Machiavel ( , ; see below), was an Italian diplomat, author, philosopher and historian who lived during the Renaissance. He is best known for his political treatise ''The Prince'' (''Il Principe''), written in about 1513 but not published until 1532. He has often been called the father of modern political philosophy and political science. For many years he served as a senior official in the Florentine Republic with responsibilities in diplomatic and military affairs. He wrote comedies, carnival songs, and poetry. His personal correspondence is also important to historians and scholars of Italian correspondence. He worked as secretary to the Second Chancery of the Republic of Florence from 1498 to 1512, when the Medici were out of power. After his death Machiavelli's name came to evoke unscrupulous acts of the sort he advised most famously in his work, ''T ...
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Rationality
Rationality is the quality of being guided by or based on reasons. In this regard, a person acts rationally if they have a good reason for what they do or a belief is rational if it is based on strong evidence. This quality can apply to an ability, as in rational animal, to a psychological process, like reasoning, to mental states, such as beliefs and intentions, or to persons who possess these other forms of rationality. A thing that lacks rationality is either ''arational'', if it is outside the domain of rational evaluation, or ''irrational'', if it belongs to this domain but does not fulfill its standards. There are many discussions about the essential features shared by all forms of rationality. According to reason-responsiveness accounts, to be rational is to be responsive to reasons. For example, dark clouds are a reason for taking an umbrella, which is why it is rational for an agent to do so in response. An important rival to this approach are coherence-based accoun ...
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Cambridge University Press
Cambridge University Press is the university press of the University of Cambridge. Granted letters patent by Henry VIII of England, King Henry VIII in 1534, it is the oldest university press A university press is an academic publishing house specializing in monographs and scholarly journals. Most are nonprofit organizations and an integral component of a large research university. They publish work that has been reviewed by schola ... in the world. It is also the King's Printer. Cambridge University Press is a department of the University of Cambridge and is both an academic and educational publisher. It became part of Cambridge University Press & Assessment, following a merger with Cambridge Assessment in 2021. With a global sales presence, publishing hubs, and offices in more than 40 Country, countries, it publishes over 50,000 titles by authors from over 100 countries. Its publishing includes more than 380 academic journals, monographs, reference works, school and uni ...
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Thucydides
Thucydides (; grc, , }; BC) was an Athenian historian and general. His ''History of the Peloponnesian War'' recounts the fifth-century BC war between Sparta and Athens until the year 411 BC. Thucydides has been dubbed the father of "scientific history" by those who accept his claims to have applied strict standards of impartiality and evidence-gathering and analysis of cause and effect, without reference to intervention by the gods, as outlined in his introduction to his work. He also has been called the father of the school of political realism, which views the political behavior of individuals and the subsequent outcomes of relations between states as ultimately mediated by, and constructed upon, fear and self-interest. His text is still studied at universities and military colleges worldwide. The Melian dialogue is regarded as a seminal work of international relations theory, while his version of Pericles' Funeral Oration is widely studied by political theorists, historian ...
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University Of Chicago Press
The University of Chicago Press is the largest and one of the oldest university presses in the United States. It is operated by the University of Chicago and publishes a wide variety of academic titles, including ''The Chicago Manual of Style'', numerous academic journals, and advanced monographs in the academic fields. One of its quasi-independent projects is the BiblioVault, a digital repository for scholarly books. The Press building is located just south of the Midway Plaisance on the University of Chicago campus. History The University of Chicago Press was founded in 1890, making it one of the oldest continuously operating university presses in the United States. Its first published book was Robert F. Harper's ''Assyrian and Babylonian Letters Belonging to the Kouyunjik Collections of the British Museum''. The book sold five copies during its first two years, but by 1900 the University of Chicago Press had published 127 books and pamphlets and 11 scholarly journals, includ ...
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Friedrich Nietzsche
Friedrich Wilhelm Nietzsche (; or ; 15 October 1844 – 25 August 1900) was a German philosopher, prose poet, cultural critic, philologist, and composer whose work has exerted a profound influence on contemporary philosophy. He began his career as a classical philologist before turning to philosophy. He became the youngest person ever to hold the Chair of Classical Philology at the University of Basel in 1869 at the age of 24. Nietzsche resigned in 1879 due to health problems that plagued him most of his life; he completed much of his core writing in the following decade. In 1889, at age 45, he suffered a collapse and afterward a complete loss of his mental faculties, with paralysis and probably vascular dementia. He lived his remaining years in the care of his mother until her death in 1897 and then with his sister Elisabeth Förster-Nietzsche. Nietzsche died in 1900, after experiencing pneumonia and multiple strokes. Nietzsche's writing spans philosophical polemics ...
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