On the Issue of the Social Effectiveness of Expert Assessments of Large-Scale Regional Transport Projects

S. A. Bykadorov () and E. B. Kibalov ()
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S. A. Bykadorov: Siberian Transport University
E. B. Kibalov: Institute of Economics and Industrial Engineering, Siberian Branch, Russian Academy of Sciences

Regional Research of Russia, 2021, vol. 11, issue 4, 490-501

Abstract: Abstract— The article shows how game theory methods and expert technologies make it possible, within Kornai’s systemic paradigm, use a specially developed toolkit for comparing the social effectiveness of large-scale projects in a situation of radical (nonstochastic) uncertainty. The proposed approach combines the ideas of the well-known PATTERN methods, “cost-effectiveness,” analysis of Saaty hierarchies with some original solutions by the authors of the article. Computer products developed on this basis are proposed in support of making complex investment decisions. As an example of practical application, experimental calculations are given to assess the comparative social effectiveness of the Transpolar and Lena–Kamchatka railways.

Keywords: systemic anlysis; Kornai’s paradigm; large-scale project; public efficiency; decision making theory; regional transport projects; Lena–Kamchatka railway; Transpolar railway; project design; JSC Russian Railways (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1134/S2079970521040031

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