HS2 economic case: risk analysis
Details of how the benefit-cost ratio (BCR) distributions in the 'Economic case for HS2' were calculated.
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Details
This document provides background information and additional technical detail on the analytical techniques that were used to calculate the benefit-cost ratio (BCR) distributions in the ‘Economic Case for HS2’.
It includes:
- an introduction to the Risk Analysis Model
- a description of the modelling approach
- detail on the inputs and assumptions
- a glossary of terms