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