Transport Risk Models for Hazardous Materials: Revisited

Operations Research Letters Volume 33, Issue 1, January 2005, Pages 81–89

University of Alberta School of Business Research Paper No. 2013-180

Posted: 28 Jun 2013

See all articles by Erhan Erkut

Erhan Erkut

Independent

Armann Ingolfsson

University of Alberta - Department of Accounting, Operations & Information Systems

Date Written: January 1, 2004

Abstract

Several proposed path evaluation functions for hazardous materials transport use an approximation. Modified functions that avoid the approximation violate two reasonable axioms. We present new models by redefining the decision problem as one of satisfying demand at the destination. The new models satisfy the axioms and are relatively tractable.

Keywords: Hazardous materials transport, Stochastic shortest path problem

Suggested Citation

Erkut, Erhan and Ingolfsson, Armann, Transport Risk Models for Hazardous Materials: Revisited (January 1, 2004). Operations Research Letters Volume 33, Issue 1, January 2005, Pages 81–89, University of Alberta School of Business Research Paper No. 2013-180, Available at SSRN: https://ssrn.com/abstract=2274774

Armann Ingolfsson

University of Alberta - Department of Accounting, Operations & Information Systems ( email )

Edmonton, Alberta T6G 2R6
Canada

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