COSIMA-DSS Evaluation System: A new Decision Support System for Large-Scale Transport Infrastructure Projects

Kim Bang Salling, Anders Vestergaard Jensen, Steen Leleur

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

    Abstract

    This paper presents a new decision support model COSIMA-DSS that examines socio-economic feasibility risks involved in the implementation of transport infrastructure projects. The model makes use of conventionally cost-benefit analysis embedded within a wider multi-criteria analysis. The basic approach set out in the paper looks upon the mix between so-called “hard” and “soft” evaluation criteria. Finally, a Monte-Carlo simulation is used to take account of the varying information relating to the different criteria.
    Original languageEnglish
    Title of host publicationAdvanced OR and AI methods in Transportation : Proceedings of 10th Jubilee Meeting of the EURO Working Group on Transportation: "Advances in Modeling, Optimization and Management of Transportation Processes and Systems - Theory and Practice" and 16th Mini-EURO Conference: "Artificial Intelligence in Transportation"
    Place of PublicationPoznan, Poland
    PublisherPublishing House of Poznan University of Technology
    Publication date2005
    Pages601-607
    ISBN (Print)83-7143-239-5
    Publication statusPublished - 2005
    Event10th EURO Working Group on Transportation (EWGT) & 16th Mini-EURO Conference - Poznan, Poland
    Duration: 13 Sep 200516 Sep 2005
    Conference number: 10

    Conference

    Conference10th EURO Working Group on Transportation (EWGT) & 16th Mini-EURO Conference
    Number10
    CountryPoland
    CityPoznan
    Period13/09/200516/09/2005

    Cite this

    Salling, K. B., Jensen, A. V., & Leleur, S. (2005). COSIMA-DSS Evaluation System: A new Decision Support System for Large-Scale Transport Infrastructure Projects. In Advanced OR and AI methods in Transportation: Proceedings of 10th Jubilee Meeting of the EURO Working Group on Transportation: "Advances in Modeling, Optimization and Management of Transportation Processes and Systems - Theory and Practice" and 16th Mini-EURO Conference: "Artificial Intelligence in Transportation" (pp. 601-607). Publishing House of Poznan University of Technology. http://euro2005.cs.put.poznan.pl/