Development of Multiple Growth Strategies for Use in Developing Traffic Forecasts: A Robustness Approach [Summary]
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2005-03-01
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TRIS Online Accession Number:01019023
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Edition:Summary Report
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Abstract:Transportation system improvement decisions based on misleading forecasts may lead to a misallocation of funds and to projects that under-perform in construction and operation. Poor projections of demographic and socioeconomic data are usually cited as the main source of poor traffic assignment projections and hence, unfavorably conceived planning and construction of streets and highways. Robustness analysis of transportation systems supports decision-making in these high-uncertainty conditions through exploiting flexibility in phased transportation planning.
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