MCDA and Risk Analysis in Transport Infrastructure Appraisals: the Rail Baltica Case

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

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MCDA and Risk Analysis in Transport Infrastructure Appraisals: the Rail Baltica Case. / Ambrasaite, Inga; Barfod, Michael Bruhn; Salling, Kim Bang.

In: Procedia - Social and Behavioral Sciences, Vol. 20, 2011, p. 944-953.

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

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Ambrasaite, Inga; Barfod, Michael Bruhn; Salling, Kim Bang / MCDA and Risk Analysis in Transport Infrastructure Appraisals: the Rail Baltica Case.

In: Procedia - Social and Behavioral Sciences, Vol. 20, 2011, p. 944-953.

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

Bibtex

@article{3e884253d20e49508abf43cea32b10c0,
title = "MCDA and Risk Analysis in Transport Infrastructure Appraisals: the Rail Baltica Case",
keywords = "Composite Modelling Assessment, Multi-Criteria Decision Analysis, Cost-Benefit Analysis, Risk Analysis, Decision Support Systems",
publisher = "Elsevier BV",
author = "Inga Ambrasaite and Barfod, {Michael Bruhn} and Salling, {Kim Bang}",
year = "2011",
doi = "10.1016/j.sbspro.2011.08.103",
volume = "20",
pages = "944--953",
journal = "Procedia - Social and Behavioral Sciences",
issn = "1877-0428",

}

RIS

TY - CONF

T1 - MCDA and Risk Analysis in Transport Infrastructure Appraisals: the Rail Baltica Case

A1 - Ambrasaite,Inga

A1 - Barfod,Michael Bruhn

A1 - Salling,Kim Bang

AU - Ambrasaite,Inga

AU - Barfod,Michael Bruhn

AU - Salling,Kim Bang

PB - Elsevier BV

PY - 2011

Y1 - 2011

N2 - This paper sets out a decision support system (DSS), COSIMA, involving the combination of cost-benefit analysis and multicriteria decision analysis (MCDA) for transport infrastructure appraisals embracing both economic and strategic impacts. However, some shortcomings appear in the methodology regarding the uncertainties embedded within the criteria weights in the MCDA-part of COSIMA. Therefore, this paper presents the perspective of introducing risk analysis and Monte Carlo simulation to the weighting profile in the MCDA-part. The DSS is presented through a case study concerning alternatives for the construction of the Rail Baltica railway line through the Baltic countries and Poland.

AB - This paper sets out a decision support system (DSS), COSIMA, involving the combination of cost-benefit analysis and multicriteria decision analysis (MCDA) for transport infrastructure appraisals embracing both economic and strategic impacts. However, some shortcomings appear in the methodology regarding the uncertainties embedded within the criteria weights in the MCDA-part of COSIMA. Therefore, this paper presents the perspective of introducing risk analysis and Monte Carlo simulation to the weighting profile in the MCDA-part. The DSS is presented through a case study concerning alternatives for the construction of the Rail Baltica railway line through the Baltic countries and Poland.

KW - Composite Modelling Assessment

KW - Multi-Criteria Decision Analysis

KW - Cost-Benefit Analysis

KW - Risk Analysis

KW - Decision Support Systems

U2 - 10.1016/j.sbspro.2011.08.103

DO - 10.1016/j.sbspro.2011.08.103

JO - Procedia - Social and Behavioral Sciences

JF - Procedia - Social and Behavioral Sciences

SN - 1877-0428

VL - 20

SP - 944

EP - 953

ER -