A real option approach to determine optimal intervention windows for multi-national rail corridors

In this paper, a real option approach to determine the optimal time to execute interventions on rail infrastructure, when it is not known for certain which intervention is to be executed, is presented (i.e. the optimal intervention window). Such an approach is useful in the management of rail infra...

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Bibliographic Details
Main Authors: Nam Lethanh, Bryan T. Adey
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2015-12-01
Series:Journal of Civil Engineering and Management
Subjects:
Online Access:http://journals.vgtu.lt/index.php/JCEM/article/view/2316

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