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A qualitative model for road investment appraisal

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  • Cundric, A.
  • Kern, T.
  • Rajkovic, V.
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    Abstract

    Recent research in transport appraisal has been predominantly performed by using quantitative linear additive methods such as AHP and MAUT. This paper presents a qualitative model for road investment appraisal based on the DEX method. Qualitative modelling and ability to handle inaccurate and/or incomplete data about options make the DEX method particularly well suited for decision problems involving qualitative concepts and a great deal of expert judgement as is the case in the field of transport. Introduced is a novel and practical way of road appraisal based on the road appraisal framework aimed to support transport policy development in Slovenia.

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    Bibliographic Info

    Article provided by Elsevier in its journal Transport Policy.

    Volume (Year): 15 (2008)
    Issue (Month): 4 (July)
    Pages: 225-231

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    Handle: RePEc:eee:trapol:v:15:y:2008:i:4:p:225-231

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    1. Tsamboulas, Dimitrios A., 2007. "A tool for prioritizing multinational transport infrastructure investments," Transport Policy, Elsevier, Elsevier, vol. 14(1), pages 11-26, January.
    2. Morisugi, H., 2000. "Evaluation methodologies of transportation projects in Japan," Transport Policy, Elsevier, Elsevier, vol. 7(1), pages 35-40, January.
    3. Quinet, E., 2000. "Evaluation methodologies of transportation projects in France," Transport Policy, Elsevier, Elsevier, vol. 7(1), pages 27-34, January.
    4. Sayers, T. M. & Jessop, A. T. & Hills, P. J., 2003. "Multi-criteria evaluation of transport options--flexible, transparent and user-friendly?," Transport Policy, Elsevier, Elsevier, vol. 10(2), pages 95-105, April.
    5. Peter Nijkamp & Barry Ubbels & Erik Verhoef, 2002. "Transport Investment Appraisal and the Environment," Tinbergen Institute Discussion Papers, Tinbergen Institute 02-104/3, Tinbergen Institute.
    6. Smal, Kenneth A., 1998. "Project Evaluation," University of California Transportation Center, Working Papers qt3ff1w6pr, University of California Transportation Center.
    7. Vickerman, R., 2000. "Evaluation methodologies for transport projects in the United Kingdom," Transport Policy, Elsevier, Elsevier, vol. 7(1), pages 7-16, January.
    8. Rothengatter, W., 2000. "Evaluation of infrastructure investments in Germany," Transport Policy, Elsevier, Elsevier, vol. 7(1), pages 17-25, January.
    9. Lee, D. B., 2000. "Methods for evaluation of transportation projects in the USA," Transport Policy, Elsevier, Elsevier, vol. 7(1), pages 41-50, January.
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