Transport Infrastructure Investment and Demand Uncertainty

The Effect Of Salvage Market On Strategic Technology Choice And Capacity Investment Decision Of Firm Under Demand Uncertainty

A Systematic Method to Analyze Transport Networks: Considering Traffic Shifts

Current network modeling practices usually assess the network performance at specified time interval, i.e. every 5 or 10 years time horizon. Furthermore, they are usually based on partially predictable data, which are being generated through various stochastic procedures. In this research, a new quantitative based methodology which combines combinatorial optimization modeling and transportation...

A numerical algorithm for decision-making in sustainable transport projects investment

In this paper, we develop a numerical algorithm that sets rules for investment in hydrogen infrastructure under both demand and costs uncertainties. In fact, the growth of the number of oil-fuled cars (which we call the demand) is a major source of uncertainty, as a high number of cars increases pollution and, on the other hand, makes a migration for a hydrogen transport necessary. In the same ...

Strategies to Overcome Network Congestion in Infrastructure Systems

Networked Infrastructure systems deliver services and/or products from point to point along the network. Demand for the services provided by such systems is typically cyclic, creating inefficiencies in capacity utilization. Congestion pricing provides incentives to shift demand from peak time periods to lower demand periods. This effectively increases the capacity of the system without the need...

The role of the Transport System in the Economic Development of Bosnia and Herzegovina

The article discusses the impact of transport system on economic development in Bosnia and Herzegovina. Transition or the process of restructuring the economy and society in Bosnia and Herzegovina is taking place very intensively, but also in very difficult and special conditions. Construction of new and expansion and reconstruction of existing roads in Bosnia and Herzegovina is the assumption ...