Economic, Ecological and Social Analysis Based on DEA and MCDA for the Management of the Madrid Urban Public Transportation System

Lourdes Rivero Gutiérrez, María Auxiliadora De Vicente Oliva and Alberto Romero-Ania
Additional contact information
Lourdes Rivero Gutiérrez: Department of Business Administration, Rey Juan Carlos University, Paseo Artilleros s/n, 28032 Madrid, Spain
María Auxiliadora De Vicente Oliva: Department of Finance Economy and Accounting, Rey Juan Carlos University, Paseo Artilleros s/n, 28032 Madrid, Spain
Alberto Romero-Ania: Department of Applied Economics, Rey Juan Carlos University, Paseo Artilleros s/n, 28032 Madrid, Spain

Mathematics, 2022, vol. 10, issue 2, 1-26

Abstract: The aim of this research is to help public transport managers to make decisions on the type of buses that should compose their public transport fleet, taking into account economic, environmental and social criteria from the point of view of sustainability. This paper fills a knowledge gap by including the social dimension of sustainability in addition to the economic and environmental dimensions. The original nature of this study lies in analyzing complementarities in the structuring of an efficiency and multicriteria problem. Our research analyzes Madrid public bus system data; the problem is structured in a comparative way between two analytical methods, a Data Envelopment Analysis (DEA) and an ELimination Et Choice Translating REality (ELECTRE) III. Our research results show that two main groups of vehicles could play a part in part the theoretical solution. The main conclusions of this research are that (a) plug-in and induction electric vehicles are not comparable to GNC and diesel–hybrid vehicles in terms of cost, pollution and service; and (b) the ELECTRE III model provides more information in solving this problem than the DEA model.

Keywords: Multicriteria Decision Making; Data Envelopment Analysis; ELECTRE III; decision making under uncertainty; fuzzy analysis; sustainable public transport; urban transport policies (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/2227-7390/10/2/172/pdf (application/pdf)
https://www.mdpi.com/2227-7390/10/2/172/ (text/html)

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:gam:jmathe:v:10:y:2022:i:2:p:172-:d:718908

Access Statistics for this article

Mathematics is currently edited by Ms. Emma He

More articles in Mathematics from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().