2021
DOI: 10.1016/j.tust.2020.103770
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An integrated methodology for estimating the value of underground space

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Cited by 18 publications
(7 citation statements)
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“…Therefore, scholars often use the transfer of benefits (BTM) method to transfer the value assessment results of the studied area (research site) to the study area (decision-making site) so as to obtain the value of the decision-making site, reducing the time and the cost of investigation. Based on this method, the cost of underground facilities can be estimated by using the costs of equivalent facilities above the ground, but the monetization of the advantage of underground facilities relative to aboveground space should also be considered [136,137]. Among these methods, the SRCM is the latest and most widely used method.…”
Section: Indirect Valuation Methodsmentioning
confidence: 99%
“…Therefore, scholars often use the transfer of benefits (BTM) method to transfer the value assessment results of the studied area (research site) to the study area (decision-making site) so as to obtain the value of the decision-making site, reducing the time and the cost of investigation. Based on this method, the cost of underground facilities can be estimated by using the costs of equivalent facilities above the ground, but the monetization of the advantage of underground facilities relative to aboveground space should also be considered [136,137]. Among these methods, the SRCM is the latest and most widely used method.…”
Section: Indirect Valuation Methodsmentioning
confidence: 99%
“…The comprehensive evaluation of underground space is the basis of the scientific planning and orderly development of underground space. According to the different purposes of urban planning as well as engineering design and development, underground space evaluation mainly includes underground space development suitability evaluation, resource capacity evaluation, resource quality evaluation, development value evaluation, development potential evaluation, geological safety evaluation, and underground space engineering safety and stability evaluation (Mavrikos & Kaliampakos, 2021).…”
Section: Evaluation Methods Of Underground Space In Coastal Citiesmentioning
confidence: 99%
“…Despite its often underestimated potential and its absence from urban development plans, the integration of this resource needs to be strengthened (Bobylev, 2009(Bobylev, , 2016a. Underground exploitation is sometimes considered a last resort, even if historical examples exist, as it is not always taken into account in urban development plans (Audi, 2016;Mavrikos and Kaliampakos, 2021). The use of urban underground space is not limited to the lack of surface space, but also responds to the needs of energy management and environmental protection, with a growing demand for these services and innovative technical solutions proposed by engineers (Guoguang et al, 2015) .…”
Section: The Use Of Underground Spacementioning
confidence: 99%