Publication detail

Risk and Efficiency of Bicycle Paths

HROMÁDKA, V. SHASHKO, M.

Original Title

Risk and Efficiency of Bicycle Paths

Type

journal article in Scopus

Language

English

Original Abstract

This article concentrates on the cycle paths projects economic valuation and risks in the course of their realisation in the area of the Czech Republic. The objective of the paper is to assess possibilities of valuation of efficiency and risks of the cycle paths projects in the Czech Republic and design the structure of the valuation together with the recommended methods. Achievement of objectives is based on the detailed analysis of the current situation in economic valuation and risks assessment in the area of cycle paths realisation as well as in projects from the related fields as road, railway or water infrastructure. Methods suitable for the efficiency and risk valuation based on Cost-benefit Analysis principles or qualitative or quantitative risk analysis are discussed in the article. Possibilities of use of alternative methods functioning on the principles of multi-criterial analysis are also pointed out. The paper raises recommendations for valuation of cycle paths projects efficiency and risks in the area of the Czech Republic resulting from domestic as well as foreign experience and practice. It also suggests future directions of the research into the area of addressed issue. It will be usable for economic efficiency of public investment projects, esp. bicycle paths, evaluation.

Keywords

Public Investment Projects; Bicycle Paths; Economic Efficiency, Risk Management, CBA; Simulation.

Authors

HROMÁDKA, V.; SHASHKO, M.

RIV year

2015

Released

7. 10. 2015

ISBN

1877-0509

Periodical

Procedia Computer Science

Year of study

64

Number

1

State

Kingdom of the Netherlands

Pages from

758

Pages to

763

Pages count

6

URL

https://www.sciencedirect.com/science/article/pii/S1877050915027593

Full text in the Digital Library

http://hdl.handle.net/11012/201060

BibTex

@article{BUT118767,
  author="Vít {Hromádka} and Maryna {Shashko}",
  title="Risk and Efficiency of Bicycle Paths",
  journal="Procedia Computer Science",
  year="2015",
  volume="64",
  number="1",
  pages="758--763",
  doi="10.1016/j.procs.2015.08.624",
  issn="1877-0509",
  url="https://www.sciencedirect.com/science/article/pii/S1877050915027593"
}