A fuzzy-set analysis of regional transportation projects

I.A.Bespalov (phoenix_w@mail.ru)

Journal "Region: Economics and Sociology", 2012, vol. 2

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.

Keywords: investments; regional transportation project; efficiency; alternatives; costs; fuzzy set theory; timing schedule; time reserves (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2012-2_11

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