An Integrated Transport Planning Framework Involving a Combined Utility-Regret Approach

Wang, Yang and Monzón de Cáceres, Andrés and Ciommo, Floridea di and Kaplan, Sigal (2014). An Integrated Transport Planning Framework Involving a Combined Utility-Regret Approach. "Transportation Research Record", v. 2429 ; pp. 59-66. ISSN 0361-1981. https://doi.org/10.3141/2429-07.

Description

Title: An Integrated Transport Planning Framework Involving a Combined Utility-Regret Approach
Author/s:
  • Wang, Yang
  • Monzón de Cáceres, Andrés
  • Ciommo, Floridea di
  • Kaplan, Sigal
Item Type: Article
Título de Revista/Publicación: Transportation Research Record
Date: 2014
ISSN: 0361-1981
Volume: 2429
Subjects:
Faculty: Centro de Investigación del Transporte (TRANSyT) (UPM)
Department: Ingeniería Civil: Transporte y Territorio
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Sustainable transport planning requires an integrated approach involving strategic planning, impact analysis, and multicriteria evaluation. This study aimed at relaxing the utility-based decision-making assumption by newly embedding anticipated-regret and combined utility regret decision mechanisms in a framework for integrated transport planning. The framework consisted of a two-round Delphi survey, integrated land use and transport model for Madrid, and multicriteria analysis. Results show that (a) the regret-based ranking has a similar mean but larger variance than the utility-based ranking does, (b) the least-regret scenario forms a compromise between the desired and the expected scenarios, (c) the least-regret scenario can lead to higher user benefits in the short term and lower user benefits in the long term, (d) the utility-based, the regret-based, and the combined utility- and regret-based multicriteria analyses result in different rankings of policy packages, and (e) the combined utility regret ranking is more informative compared with the utility-based or the regret-based ranking.

More information

Item ID: 35864
DC Identifier: http://oa.upm.es/35864/
OAI Identifier: oai:oa.upm.es:35864
DOI: 10.3141/2429-07
Official URL: http://trrjournalonline.trb.org/doi/abs/10.3141/2429-07
Deposited by: Memoria Investigacion
Deposited on: 25 May 2017 10:59
Last Modified: 25 May 2017 10:59
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