To simulate or not to simulate

Name: To simulate or not to simulate
Creator: J. Dahlgren
Keywords: 11. Sustainability

descriptionPublicationkeyboard_double_arrow_right Article 13 Nov 2002Publisher:IEEEJournal:ITSC 2001. 2001 IEEE Intelligent Transportation Systems. Proceedings (Cat. No.01TH8585)

Authors: J. Dahlgren;

doi: 10.1109/itsc.2001.948720

To simulate or not to simulate

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Abstract

A simple decision analysis framework is used to illustrate the key factors to consider in deciding whether or not to use microsimulation to estimate the effects of transportation projects. Microsimulation is useful if it (1) results in implementation of a worthwhile project that would not have been implemented without the simulation or (2) prevents implementation of a project that is not cost-effective that would otherwise have been implemented. Key factors to consider are (1) the magnitude of project benefits and costs, (2) the accuracy of the microsimulation model, and (3) the cost of the simulation.

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University of California, Berkeley
United States

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