Uncertainty and the transport investment decision.

Author(s)
Pearman, A.D.
Year
Abstract

The first part summarizes a new model of decision making under certainty. The new method developed, assumes only that the decision maker is able to rank the probabilities of future status of nature. The second part is concerned with extension of the basic model. The final section proposes a numerical example set in a transportation context, to illustrate the methods discussed.

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Publication

Library number
B 13333 (In: B 13301) /72/ IRRD 232960
Source

In: Transport decisions in an age of uncertainty : proceedings of the 3rd World Conference on Transport Research, Rotterdam, April 26- 28, 1977, p. 431-437, 5 fig., 1 graph., 18 ref.

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