MCDA and Risk Analysis in Transport Infrastructure Appraisals: the Rail Baltica Case
Publication: Research - peer-review › Conference 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-review › Conference article – Annual report year: 2011
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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 -