EconPapers    
Economics at your fingertips  
 

Pre-disaster investment decisions for strengthening the Chinese railway system under earthquakes

Yongze Yan, Liu Hong, Xiaozheng He, Min Ouyang, Srinivas Peeta and Xueguang Chen

Transportation Research Part E: Logistics and Transportation Review, 2017, vol. 105, issue C, 39-59

Abstract: This study proposes a framework to determine the investment plan to strengthen a railway system which is subject to earthquake hazard. The proposed framework includes four parts: (1) Construct a two-layer (physical layer and service layer) railway network representation; (2) Generate earthquake scenarios based on historical earthquake data; (3) Formulate an investment optimization model to minimize the expected railway system service loss subjected to an investment budget constraint, where the service loss is quantified based on the affected train flow; (4) Solve the optimization model by using Genetic Algorithm. Taking the Chinese railway system (CRS) as an example, the proposed framework has been applied and the results show that the solution of the proposed framework is more responsive to the earthquake impact on railway system compared to topology-based methods. Note that the proposed framework can also be extended to identify pre-disaster investment plans for other transportation systems under natural disasters.

Keywords: Earthquakes; Railway system; Investment decision; Service loss; Genetic Algorithm (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554516306913
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:105:y:2017:i:c:p:39-59

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

DOI: 10.1016/j.tre.2017.07.001

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:transe:v:105:y:2017:i:c:p:39-59