Assessing efficiency of large transportation projects

Ye.B. Kibalov (lf@online.nsk.su), A.A. Kin (kin_a@ieie.nsc.ru) and A.B. Khutoretsky (hab@dus.nsc.ru)

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

Abstract: The study considers an issue of the assessment of large-scaled projects. It also presents our statement of the problem under a situation of uncertainty, concept of assessment of regional-transportation projects by applying expert technologies, and numerical illustration of how expected efficiencies of the alternative passages of transportation over the Eastern Bosporus Strait could be assessed at the pre-de-signing stage. We show under what conditions the construction of a bridge connecting the Russky Island could be regarded as a preferential alternative.

Keywords: large-scaled project; passage of transportation; the Eastern Bosporus Strait; investments; assessment; uncertainty; expert judgments; expected efficiency; alternatives (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2012-2_10

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