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A qualitative model for road investment appraisal

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

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.

Suggested Citation

  • Cundric, A. & Kern, T. & Rajkovic, V., 2008. "A qualitative model for road investment appraisal," Transport Policy, Elsevier, vol. 15(4), pages 225-231, July.
  • Handle: RePEc:eee:trapol:v:15:y:2008:i:4:p:225-231
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    References listed on IDEAS

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    1. Khraibani, R. & de Palma, A. & Picard, N. & Kaysi, I., 2016. "A new evaluation and decision making framework investigating the elimination-by-aspects model in the context of transportation projects' investment choices," Transport Policy, Elsevier, vol. 48(C), pages 67-81.
    2. Gardziejczyk, Wladyslaw & Zabicki, Piotr, 2014. "The influence of the scenario and assessment method on the choice of road alignment variants," Transport Policy, Elsevier, vol. 36(C), pages 294-305.
    3. Maria Morfoulaki & Jason Papathanasiou, 2021. "Use of the Sustainable Mobility Efficiency Index (SMEI) for Enhancing the Sustainable Urban Mobility in Greek Cities," Sustainability, MDPI, vol. 13(4), pages 1-16, February.
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    5. Štěpán Veselý & Mirko Dohnal, 2013. "Selection of scenarios in qualitative models: The case of a government tenders model," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(7), pages 2923-2929.

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