A fuzzy-set analysis of regional transportation projects
Abstract
The paper offers an approach to support decision-making on selecting an investment project among alternative large-scaled transportation projects. This approach is based on principles of fuzzy set theory. Using this approach, we analyze the competitive projects on construction a bridge connecting the Russky Island. For this purpose we calculate and analyze the costs of alternative projects and their planned timing schedules. We present a cost- risk assessment of a set of timing schedules admissible within network constraints to compute a fussy set of Paretto-optimal plans. We also present our recommendations on how any timing schedule could be corrected.Download Info
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Bibliographic Info
Article provided by in its journal Journal "Region: Economics and Sociology".
Volume (Year): 2 (2012)
Issue (Month): ()
Pages:
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Keywords: investments; regional transportation project; efficiency; alternatives; costs; fuzzy set theory; timing schedule; time reserves;References
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