A Method for Multi-Criteria Analysis in Transportation Infrastructure Investments

The authors discuss a Multi-Criteria Analysis (MCA) method for evaluating and appraising transportation infrastructure investments, and use an example to demonstrate method applicabilities and abilities. With its structure based on certain broader MCA considerations, the method proposes ways to overcome established MCA method shortcomings. That equality holds in entities weighting among evaluation criteria is a basic concept of the proposed method. Utilization weighting uses a criterion in relation to its position in whole grade performance to measure each project's grade performance, and also acknowledges that simple criteria may be classified in a broader criterion, based on their performance within this broader criterion. The latter concept eliminates the constraint of perpendicularity by introducing a representation between the evaluation criteria and the vectorial space. The method also moves the particular rendering for each evaluation criterion from a physical scale to an artificial one which depends on criterion features. The critical upper and lower limit points for the physical scale of each evaluation criterion must correspond to the artificial scale. The method also introduces time dimension into the criteria values over the entire evaluation period through time deviation factors. Time deviation factors use positive and negative impacts during the evaluation period.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/2899960
• Authors:
  • Tsamboulas, Dimitrios A
  • Yiotis, George
  • Mikroudis, George
• Publication Date: 2007-2

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References; Tables;
• Pagination: pp 113-131
• Serial:
  • Maritime Policy & Management
  • Volume: 34
  • Issue Number: 1
  • Publisher: Taylor & Francis
  • ISSN: 0308-8839
  • EISSN: 1464-5254
  • Serial URL: http://www.tandfonline.com/loi/tmpm20

Subject/Index Terms

• TRT Terms: Dimensional analysis; Economies of scale; Evaluation and assessment; Infrastructure; Methodology; Multiple criteria decision making; Statistical deviation; Time; Time series; Values in measurement; Weighting
• Uncontrolled Terms: Criteria; Entities; Scale; Transportation infrastructure
• Subject Areas: Economics; Finance; Highways; I10: Economics and Administration;

Filing Info

• Accession Number: 01045353
• Record Type: Publication
• Files: TRIS
• Created Date: Mar 30 2007 7:48AM