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Policy-sensitive selection and phasing of road investments with a goal program

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  • Taplin, John HE
  • Min, Qiu
  • Zhi, Zhang

Abstract

A goal program to select and schedule road projects can include policy considerations in addition to those covered by cost-benefit evaluation. Five economic benefits and twelve environmental, developmental and accessibility objectives constitute the goals in a rural application in Western Australia. A plan and construction schedule can be generated for any set of priorities, each satisfying the budget constraint. Government can choose from them to match current policy concerns and meet the needs of affected residents. The method is particularly valuable when there are linkages between projects.

Suggested Citation

  • Taplin, John HE & Min, Qiu & Zhi, Zhang, 1995. "Policy-sensitive selection and phasing of road investments with a goal program," Transport Policy, Elsevier, vol. 2(4), pages 251-256, October.
    • Handle: RePEc:eee:trapol:v:2:y:1995:i:4:p:251-256
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    Cited by:

    1. Nilesh N. Joshi & James H. Lambert, 2011. "Diversification of infrastructure projects for emergent and unknown non-systematic risks," Journal of Risk Research, Taylor & Francis Journals, vol. 14(6), pages 717-733, June.
    2. Cinzia Colapinto & Raja Jayaraman & Simone Marsiglio, 2017. "Multi-criteria decision analysis with goal programming in engineering, management and social sciences: a state-of-the art review," Annals of Operations Research, Springer, vol. 251(1), pages 7-40, April.

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