Using “Fair Division” Methods for Allocating Transportation Funds
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2013-08-01
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Edition:Technical Report, Sept. 1, 2011 –Aug. 31, 2013
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Abstract:The objective of this project is to investigate fair division algorithms and methods for the allocation of transportation funds and/or resources among competing interests at the Texas Department of Transportation (TxDOT). The project involves identifying critical tier allocation areas and formulating an overall comprehensive model to enhance current allocation decision making processes. Enhanced allocation methods should lead to more envy-free, efficient, and equitable distribution of funds and resources. This research project was conducted in two phases. Phase one of this project involved a comprehensive literature review on funding allocation and fair division methods. Critical tier allocation transportation areas in which to use fair division methods at the Texas Department of Transportation (TxDOT) were discussed with TxDOT’s project monitoring committee (PMC) during this phase. In Phase two, the Fair Division Transportation Funding Allocation Model (FDTFAM) was developed and applied to a case study with data provided by TxDOT. Results from the case study showed that FDTFAM is ready for implementation.
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