A qualitative model for road investment appraisal
A. Cundric,
T. Kern and
V. Rajkovic
Transport Policy, 2008, vol. 15, issue 4, 225-231
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.
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:15:y:2008:i:4:p:225-231
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