INFLUENCE OF DEMAND-QUALITY INTERRELATIONSHIPS ON OPTIMAL POLICIES FOR STAGE CONSTRUCTION OF TRANSPORTATION FACILITIES.

J. Enrique Fernandez, Terry Lee Friesz

Research output: Contribution to journalArticle

23 Citations (Scopus)

Abstract

This paper describes how optimal control theory may be used to analyze the time staging of investment decisions for transportation facilities when there is an interrelationship between demand and level of service. Second order conditions are developed for various cases of practical significance. A numerical example is introduced to illustrate the effect that demand-quality interrelationships can have on the optimal time staging policy.

Original languageEnglish (US)
Pages (from-to)16-31
Number of pages16
JournalTransportation Science
Volume15
Issue number1
DOIs
StatePublished - Jan 1 1981

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staging
Control theory
control theory
demand
time

All Science Journal Classification (ASJC) codes

  • Civil and Structural Engineering
  • Transportation

Cite this

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INFLUENCE OF DEMAND-QUALITY INTERRELATIONSHIPS ON OPTIMAL POLICIES FOR STAGE CONSTRUCTION OF TRANSPORTATION FACILITIES. / Fernandez, J. Enrique; Friesz, Terry Lee.

In: Transportation Science, Vol. 15, No. 1, 01.01.1981, p. 16-31.

Research output: Contribution to journalArticle

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