Integrated Transport Planning Framework Involving Combined Utility Regret Approach

Yang Wang, Andres Monzon, Floridea Di Ciommo, Sigal Kaplan

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    Sustainable transport planning requires an integrated approach involving strategic planning, impact analysis, and multicriteria evaluation. This study aimed at relaxing the utility-based decision-making assumption by newly embedding anticipated-regret and combined utility regret decision mechanisms in a framework for integrated transport planning. The framework consisted of a two-round Delphi survey, integrated land use and transport model for Madrid, and multicriteria analysis. Results show that (a) the regret-based ranking has a similar mean but larger variance than the utility-based ranking does, (b) the least-regret scenario forms a compromise between the desired and the expected scenarios, (c) the least-regret scenario can lead to higher user benefits in the short term and lower user benefits in the long term, (d) the utility-based, the regret-based, and the combined utility- and regret-based multicriteria analyses result in different rankings of policy packages, and (e) the combined utility regret ranking is more informative compared with the utility-based or the regret-based ranking.
    Original languageEnglish
    Book seriesTransportation Research Record
    Volume1
    Pages (from-to)59-66
    Number of pages8
    ISSN0361-1981
    DOIs
    Publication statusPublished - 2014

    Keywords

    • ENGINEERING,
    • TRANSPORTATION
    • LAND-USE
    • CHOICE
    • MODEL
    • POLICY
    • DISAPPOINTMENT
    • MINIMIZATION
    • PREFERENCES
    • SUPPORT
    • TOOL

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