Danish Transport Council project: Transport Economics and Decision Models (TEAM)

The main objective of TEAM is to formulate socio-economic project evaluation methods that are based on welfare economic principles. The methods, furthermore, shall be useful for examination of current transport planning issues and, at the same time, be made available as modules of decision models aiming at decision support applications. It is also intended that the project shall establish collaboration between the participating organisations: Copenhagen University, Institute of Economics, Technical University of Denmark, Department of Planning, and COWIconsult. The project consists of two main parts, namely one part relating to Assessment Theory and another to Decision Models. It is intended that all three partners are involved in both parts. Specifically, IFP will be responsible for two projects, with one project concerning the Development of Strategic Mobility Impact Models and the other, the Formulation of Optimal Investment Strategies for a Corridor Programme of Transport Infrastructure Projects. In addition to the research project, TEAM also organises a monthly seminar where topics of relevance for the research area are presented.