Administration, candidates don't see eye-to-eye on gas line economics

Description

"Project developers tend to underestimate cost overrun risk, not overestimate it. Ask Bent Flyvbjerg, the author of 'Megaprojects and Risk, an Anatomy of Ambition,' or Dr. Al Rogers, from IPA Institute who was invited to Alaska to talk to the Legislature about megaproject risk," ... "Both will tell you that project proponents are optimists. They want to build the project. They will generally underestimate the costs and overestimate the benefits."