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2018
DOI: 10.1007/s12544-017-0281-5
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Financing urban transportation infrastructure in a multi-actors environment: the role of value capture

Abstract: Purpose A family of innovative financial mechanisms and tools for urban public transport, based on the value increment caused by enhanced accessibility, are lately gaining much popularity as a solution to the challenges posed by public financial resources' shrinkage: Value Capture Finance (VCF). The effectiveness of applied transport financing policies depends significantly on the level of agreement among stakeholders, making collaboration a prerequisite for success. The research presented herein assesses alte… Show more

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Cited by 23 publications
(14 citation statements)
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References 50 publications
(61 reference statements)
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“…In their evaluation of the literature on the use of MCDA in field of transport, the authors of [23] highlighted that the most prevalent methods were the Analytic Hierarchical Process (AHP), Analytic Network Process (ANP), Elimination and Choice Expressing Reality (ELECTRE), Preference Ranking Organization Method for Enrichment Evaluation (PROMETHEE), Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) and MAMCA. One of the strengths of the MAMCA framework compared with other MCDA methods is that it permits every stakeholder group to have their own unique objectives or criteria in the analysis whereas the criteria are the same for all stakeholder groups in other MCDA techniques [24].…”
Section: Overview Of Evaluation Methods For Freight Transport Policiementioning
confidence: 99%
See 1 more Smart Citation
“…In their evaluation of the literature on the use of MCDA in field of transport, the authors of [23] highlighted that the most prevalent methods were the Analytic Hierarchical Process (AHP), Analytic Network Process (ANP), Elimination and Choice Expressing Reality (ELECTRE), Preference Ranking Organization Method for Enrichment Evaluation (PROMETHEE), Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) and MAMCA. One of the strengths of the MAMCA framework compared with other MCDA methods is that it permits every stakeholder group to have their own unique objectives or criteria in the analysis whereas the criteria are the same for all stakeholder groups in other MCDA techniques [24].…”
Section: Overview Of Evaluation Methods For Freight Transport Policiementioning
confidence: 99%
“…Furthermore, there was a lack of quantitative data from the local freight industry for many of these criteria. This issue was overcome due to the strengths of MAMCA framework not requiring availability of quantitative criterion to conduct the multi-criteria analysis of the alternatives as asserted by the authors of [24]. Accordingly, the qualitative indicators and units of measurement were acquired through comprehensive literature review and several consultation sessions with experts in the freight industry in Melbourne.…”
Section: Th Step and 5thmentioning
confidence: 99%
“…Since 2012, and even 2015 when the review [25] was published, more papers on MCDA methods applied on transport projects have been published, e.g. [31,32], but as far as we know there was no paper applying a MCDA method on innovative ideas for Public Transport.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The concerns over infrastructure financing are addressed in the paper by Roukouni et al [9], which looks at the role of value capture finance (VCF) as a financing mechanism for public transport infrastructure. The paper applies multi-actor, multi-criteria analysis (MAMCA) to the case study of the metro infrastructure in Thessaloniki, Greece.…”
Section: Topical Collection On the Role Of Planning Towards Sustainabmentioning
confidence: 99%