Detecting Joint Investment among interdependent infrastructure systems

Sahand  Asgarpour; Andreas  Hartmann

Detecting Joint Investment among interdependent infrastructure systems

Sahand Asgarpour^*, Andreas Hartmann

^*Corresponding author for this work

Construction Management and Engineering

Research output: Contribution to conference › Paper

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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 language	English
Number of pages	29
Publication status	Published - Jun 2019
Event	Engineering Project Organization Conference 2019, EPOC 2019: A Challenge Summit - Vail, United States Duration: 25 Jun 2019 → 27 Jun 2019 Conference number: 17

Conference

Conference	Engineering Project Organization Conference 2019, EPOC 2019
Abbreviated title	EPOC 2019
Country	United States
City	Vail
Period	25/06/19 → 27/06/19

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Asgarpour, S., & Hartmann, A. (2019). Detecting Joint Investment among interdependent infrastructure systems. Paper presented at Engineering Project Organization Conference 2019, EPOC 2019, Vail, United States.

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