Until the late 1970s, the Finnish Road and Waterways Administration (RWA), under Finland's Ministry of Transportation and Communications (MOTC), operated as a highly centralized, monopolistic agency. The country's thirteen road management districts had little or no decision-making authority. Outsourci...

Until the late 1970s, the Finnish Road and Waterways Administration (RWA), under Finland's Ministry of Transportation and Communications (MOTC), operated as a highly centralized, monopolistic agency. The country's thirteen road management districts had little or no decision-making authority. Outsourci...

This note presents the Roads Economic Decision Model (RED) that performs an economic evaluation of road investments, and maintenance options, customized to the characteristics of low-volume roads, such as: high uncertainty of the assessment of traffic, road condition, and future maintenance of unpaved...