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Optimization of road investments based on accessibility criteria using a dynamic programming model |
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| Authors: | Herwig Schnuerer |
| Institution: | 1. Instituto de Investigacion Tecnologica , Universidad Pontificia Comillas , Alberto Aguilera 23, 28015, Madrid, Spain;2. Massachusetts Institute of Technology , Cambridge, MA, USA rafael.palacios@iit.upcomillas.es;4. Massachusetts Institute of Technology , Cambridge, MA, USA;5. Massachusetts Institute of Technology , Cambridge, MA, USA;6. Eller College of Management , University of Arizona , Tucson, AZ, USA;7. Volpe National Transportation Systems Center , Cambridge, MA, USA |
| Abstract: | This paper discusses the use of the concept of dynamic programming to the determination of road construction needs using accessibility criteria. An attempt is made to specify political and social goals such as quality of life and equal opportunity as parameters of road dimensioning. The objective of the method which is illustrated by a case study is to determine minimal total costs for various threshold values of conceivable accessibility standards. |
| Keywords: | airport traffic management collision avoidance prediction models neural networks |