Detecting Joint Investment among interdependent infrastructure systems

Sahand Asgarpour*, Andreas Hartmann

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

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Abstract

Infrastructure systems (e.g. road, rail, energy, water) currently require vast amount of investments to be able to respond to short- and long-term social, technological and environmental developments such as an increasing mobility demand, and the transition towards alternative energy solutions. Currently most of the investments are planned through a silo-based approach ignoring interdependencies among infrastructure systems and by doing so missing scale and innovation opportunities. Although scholars have paid much attention to the risk of infrastructure interdependencies as response to exogenous threats like climate change and terrorism, studies on the opportunities for joint investments emerging from infrastructure interdependencies are scarce. This paper proposes a framework and an agent-based model at its core to assist decision-makers at infrastructure agencies to (i) introduce sector-specific investment portfolios, and (ii) identify investment opportunities upon which they can form cross-sectoral resource alignments and integration. The framework allows infrastructure agencies to reveal infrastructure interdependencies by simulating the propagated state changes induced through sector-specific investments.
Original languageEnglish
Title of host publicationProceedings of the Engineering Project Organization Conference, EPOC 2019
Subtitle of host publication25-27 June 2019, Vail, Colorado, USA
EditorsPaul Chinowsky, John Taylor
Place of PublicationVail, CO
PublisherEPOS
Number of pages29
Publication statusPublished - 2019
EventEngineering Project Organization Conference 2019: A Challenge Summit - Vail, United States
Duration: 25 Jun 201927 Jun 2019
Conference number: 17

Publication series

NameWorking Paper Proceedings
PublisherEPOS
Volume2019

Conference

ConferenceEngineering Project Organization Conference 2019
Abbreviated titleEPOC 2019
CountryUnited States
CityVail
Period25/06/1927/06/19

Keywords

  • Agent-based modelling
  • Infrastructure interdependencies
  • Infrastructure investments

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