Article ID: | iaor2003592 |
Country: | United Kingdom |
Volume: | 36A |
Issue: | 2 |
Start Page Number: | 107 |
End Page Number: | 126 |
Publication Date: | Feb 2002 |
Journal: | Transportation Research. Part A, Policy and Practice |
Authors: | Petersen E.R. |
Keywords: | combinatorial analysis, cost benefit analysis, optimization, allocation: resources, lagrange multipliers, planning, programming: dynamic |
This model calculates an optimal investment plan for a highway corridor or number of corridors, subject to budget constraints. The available options include upgrading the current alignment, constructing a bypass highway over a different alignment, or various combinations. The budget constraints can be specified as a total budget restriction, or as an available budget each period. The highway system is described by