Examination of Decision Support Systems for Composite CBA and MCDA Assessments of Transport Infrastructure Projects

Publication: Research - peer-reviewConference article – Annual report year: 2011

Standard

Harvard

APA

CBE

MLA

Vancouver

Author

Bibtex

@article{b046b0b052e640b1ab6619fa4a292076,
title = "Examination of Decision Support Systems for Composite CBA and MCDA Assessments of Transport Infrastructure Projects",
publisher = "Springer New York LLC",
author = "Barfod, {Michael Bruhn} and Jensen, {Anders Vestergaard} and Steen Leleur",
year = "2011",
doi = "10.1007/978-3-642-19695-9_14",
volume = "648",
pages = "167--176",
journal = "Lecture Notes in Economics and Mathematical Systems",
issn = "0075-8442",

}

RIS

TY - CONF

T1 - Examination of Decision Support Systems for Composite CBA and MCDA Assessments of Transport Infrastructure Projects

A1 - Barfod,Michael Bruhn

A1 - Jensen,Anders Vestergaard

A1 - Leleur,Steen

AU - Barfod,Michael Bruhn

AU - Jensen,Anders Vestergaard

AU - Leleur,Steen

PB - Springer New York LLC

PY - 2011

Y1 - 2011

N2 - This paper examines decision support systems (DSS) for composite appraisals of transport infrastructure projects comprising both cost-benefit analysis (CBA) and multi-criteria decision analysis (MCDA). Two DSS, REMBRANDT and COSIMA, are in this context examined and compared using a case study dealing with alternatives for a new high-speed railway line in Sweden. The REMBRANDT system is based on multiplicative value functions and makes use of pair wise comparisons on both attribute and criteria level. The COSIMA system is based on additive value functions and makes use of the REMBRANDT technique using pair wise comparisons on attribute level and swing weights on criteria level. One difference between the two approaches is the focus the COSIMA system puts on combining the CBA and MCDA results influencing, among other things, the way that the final results are expressed. Finally, a recommendation for the use of DSS within transport infrastructure appraisals is set out.

AB - This paper examines decision support systems (DSS) for composite appraisals of transport infrastructure projects comprising both cost-benefit analysis (CBA) and multi-criteria decision analysis (MCDA). Two DSS, REMBRANDT and COSIMA, are in this context examined and compared using a case study dealing with alternatives for a new high-speed railway line in Sweden. The REMBRANDT system is based on multiplicative value functions and makes use of pair wise comparisons on both attribute and criteria level. The COSIMA system is based on additive value functions and makes use of the REMBRANDT technique using pair wise comparisons on attribute level and swing weights on criteria level. One difference between the two approaches is the focus the COSIMA system puts on combining the CBA and MCDA results influencing, among other things, the way that the final results are expressed. Finally, a recommendation for the use of DSS within transport infrastructure appraisals is set out.

KW - Multi-criteria decision analysis

KW - Decision support systems

KW - REMBRANDT

KW - COSIMA

U2 - 10.1007/978-3-642-19695-9_14

DO - 10.1007/978-3-642-19695-9_14

JO - Lecture Notes in Economics and Mathematical Systems

JF - Lecture Notes in Economics and Mathematical Systems

SN - 0075-8442

VL - 648

SP - 167

EP - 176

ER -