This paper presents a discussion on feasibility problems in transportation engineering, comparing the methodologies and the input data of the Cost Benefit Analysis [CBA], Financial Analysis [FA] and Multicriteria Analysis [MCA]. The startup is the uncertainty of the input data and of the externalities evaluation in CBA and FA in comparison with the complexity of decisions to be assumed by Decision Makers and Authorities. In this situation the authors propose that CBA and MCA have to be used jointly for realize a well established Decision Support System, assuring with that the economic feasibility and the clear comparison of all effects of the alternatives examined.
A Cost-Benefit-Analysis and Multi-Criteria Analysis as Decision Support Systems in Transportation Engineering
CAPPELLI, AGOSTINO;LIBARDO, ALESSANDRA
2008-01-01
Abstract
This paper presents a discussion on feasibility problems in transportation engineering, comparing the methodologies and the input data of the Cost Benefit Analysis [CBA], Financial Analysis [FA] and Multicriteria Analysis [MCA]. The startup is the uncertainty of the input data and of the externalities evaluation in CBA and FA in comparison with the complexity of decisions to be assumed by Decision Makers and Authorities. In this situation the authors propose that CBA and MCA have to be used jointly for realize a well established Decision Support System, assuring with that the economic feasibility and the clear comparison of all effects of the alternatives examined.
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