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A Decision Analysis with Multiple Objectives: The Mexico City Airport

1973; Volume: 4; Issue: 1 Linguagem: Inglês

10.2307/3003141

2325-5323

Ralph L. Keeney,

Economic and Environmental Valuation

This paper reports an analysis done for the Secretaria de Obras Publicas (Ministry of Public Works) of Mexico to help select the most effective strategy for developing the airport facilities of the Mexico City metropolitan area to insure quality air service for the remainder of the century. Effectiveness is a complex function including attributes of cost, safety, capacity of the airport facilities, noise levels, social disruption, and access times. A decision analytic model was used for evaluating strategies. The attributes were adapted to account for impacts over time, and probability density functions and a utility function were assessed over the six attributes. Details of these assessments are given. The results and implications of the analyses are discussed. A unique aspect of the study involved the assessment of a multiattribute utility function and its use to aid an important policy decision.