A Fuzzy Cognitive Map Approach Applied in Cost-Benefit Analysis for Highway Projects

dc.contributor.authorBağdatlı, Muhammed Emin Cihangir
dc.contributor.authorAkbıyıklı, Rıfat
dc.contributor.authorPapageorgiou, Elpiniki I.
dc.date.accessioned2020-04-30T22:38:39Z
dc.date.available2020-04-30T22:38:39Z
dc.date.issued2017
dc.departmentDÜ, Tıp Fakültesi, Temel Tıp Bilimleri Bölümüen_US
dc.descriptionPapageorgiou, Elpiniki/0000-0003-2498-9661en_US
dc.descriptionWOS: 000412896700018en_US
dc.description.abstractCost-benefit analysis (CBA) is a method widely used all over the world for transport project appraisal. However, this method needs to handle the inherent uncertainty which affects the results negatively. In a highway project, there are high uncertainties due to a lack of data, future predictions, economic indeterminacy, etc. In conventional approaches, a risk analysis, which is based primarily on a sensitivity analysis and/or Monte Carlo simulation, is conducted in order to solve the problems mentioned above. However, these approaches present some main drawbacks. This study aims to investigate the usability and utility of a new approach in highways CBA in order to cope with uncertainty easily and in a more userfriendly way. To achieve the above-cited goal, the technique of a fuzzy cognitive map (FCM) was utilized due to its popularity in modeling complex problems. A decisionmaking FCM model including a RISK parameter was developed by experienced people/experts in this scientific domain to assess benefits and costs in highway projects. The developed FCM model focuses on minimizing the effects of uncertainty in the CBA for highways. Therefore, the concepts of conventional CBA were defined within the domain of risk analysis. The performance of the developed FCM model was tested through actual feasibility studies as well as through a specific case study. As a result of comparisons, promising results for validation of the developed FCM model are obtained.en_US
dc.identifier.doi10.1007/s40815-016-0252-3en_US
dc.identifier.endpage1527en_US
dc.identifier.issn1562-2479
dc.identifier.issn2199-3211
dc.identifier.issue5en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage1512en_US
dc.identifier.urihttps://doi.org/10.1007/s40815-016-0252-3
dc.identifier.urihttps://hdl.handle.net/20.500.12684/2352
dc.identifier.volume19en_US
dc.identifier.wosWOS:000412896700018en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringer Heidelbergen_US
dc.relation.ispartofInternational Journal Of Fuzzy Systemsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCost-benefit analysisen_US
dc.subjectDecision makingen_US
dc.subjectFuzzy cognitive mapen_US
dc.subjectFuzzy risk analysisen_US
dc.subjectHighway projectsen_US
dc.subjectTransport economic appraisalen_US
dc.titleA Fuzzy Cognitive Map Approach Applied in Cost-Benefit Analysis for Highway Projectsen_US
dc.typeArticleen_US

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