A Dynamic Programming Optimization Approach for Budget Allocation to Early Right-of-Way Acquisitions Report as inadecuate




A Dynamic Programming Optimization Approach for Budget Allocation to Early Right-of-Way Acquisitions - Download this document for free, or read online. Document in PDF available to download.

Maximizing potential savings when purchasing right-of-way within a limited budget is a challengecurrently faced by state departments of transportation (DOTs) across the nation. Early right-ofwayacquisitions promote smoother negotiations and are aimed to save money, time, and humanresources. This paper describes an optimization approach based on dynamic programmingdeveloped for the Texas Department of Transportation (TxDOT) to identify projects with candidateparcels for early right-of-way acquisition in order to achieve the highest potential savings. Eachcandidate parcel must be subjected to a preliminary environmental analysis to ensure that eachcomply with the National Environmental Policy Act (NEPA) standards.

Subject(s): Public Economics

Issue Date: 2012

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/207327 Published in: Journal of the Transportation Research Forum, Volume 51, Number 3 Page range: 55-66

Total Pages: 13

Record appears in: Transportation Research Forum > Journal of the Transportation Research Forum





Author: Chang Albitres, Carlos M. ; Krugler, Paul E. ; Ibarra, Iraki ; Montes, Edith

Source: http://ageconsearch.umn.edu/record/207327?ln=en







Related documents