{"id":"https://openalex.org/W3107077977","doi":"https://doi.org/10.1145/3414752.3414760","title":"Real Option Framework for a Highway Project","display_name":"Real Option Framework for a Highway Project","publication_year":2020,"publication_date":"2020-07-15","ids":{"openalex":"https://openalex.org/W3107077977","doi":"https://doi.org/10.1145/3414752.3414760","mag":"3107077977"},"language":"en","primary_location":{"id":"doi:10.1145/3414752.3414760","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3414752.3414760","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2020 The 11th International Conference on E-business, Management and Economics","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5112956664","display_name":"Ramesh Srivastava","orcid":null},"institutions":[{"id":"https://openalex.org/I863896202","display_name":"Delhi Technological University","ror":"https://ror.org/01ztcvt22","country_code":"IN","type":"education","lineage":["https://openalex.org/I863896202"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"Ramesh Srivastava","raw_affiliation_strings":["Delhi Technological University, India"],"affiliations":[{"raw_affiliation_string":"Delhi Technological University, India","institution_ids":["https://openalex.org/I863896202"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5103938608","display_name":"Arohan Sharma","orcid":null},"institutions":[{"id":"https://openalex.org/I863896202","display_name":"Delhi Technological University","ror":"https://ror.org/01ztcvt22","country_code":"IN","type":"education","lineage":["https://openalex.org/I863896202"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Arohan Sharma","raw_affiliation_strings":["Delhi Technological University, India"],"affiliations":[{"raw_affiliation_string":"Delhi Technological University, India","institution_ids":["https://openalex.org/I863896202"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5003948529","display_name":"Apurva Puri","orcid":null},"institutions":[{"id":"https://openalex.org/I863896202","display_name":"Delhi Technological University","ror":"https://ror.org/01ztcvt22","country_code":"IN","type":"education","lineage":["https://openalex.org/I863896202"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Apurva Puri","raw_affiliation_strings":["Delhi Technological University, India"],"affiliations":[{"raw_affiliation_string":"Delhi Technological University, India","institution_ids":["https://openalex.org/I863896202"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5112956664"],"corresponding_institution_ids":["https://openalex.org/I863896202"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.22998967,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"5","issue":null,"first_page":"273","last_page":"278"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9987999796867371,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9987999796867371,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.9380000233650208,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.9312999844551086,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.5709928274154663},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5618751049041748},{"id":"https://openalex.org/keywords/project-management","display_name":"Project management","score":0.5464015603065491},{"id":"https://openalex.org/keywords/fuzzy-logic","display_name":"Fuzzy logic","score":0.4689202904701233},{"id":"https://openalex.org/keywords/quality","display_name":"Quality (philosophy)","score":0.45630449056625366},{"id":"https://openalex.org/keywords/overhead","display_name":"Overhead (engineering)","score":0.43186986446380615},{"id":"https://openalex.org/keywords/scale","display_name":"Scale (ratio)","score":0.42017483711242676},{"id":"https://openalex.org/keywords/project-management-triangle","display_name":"Project management triangle","score":0.41026565432548523},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.3440208435058594},{"id":"https://openalex.org/keywords/transport-engineering","display_name":"Transport engineering","score":0.3376529812812805},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.3307057023048401},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.18088629841804504},{"id":"https://openalex.org/keywords/systems-engineering","display_name":"Systems engineering","score":0.1774323582649231},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.16881397366523743}],"concepts":[{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.5709928274154663},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5618751049041748},{"id":"https://openalex.org/C15952604","wikidata":"https://www.wikidata.org/wiki/Q179012","display_name":"Project management","level":2,"score":0.5464015603065491},{"id":"https://openalex.org/C58166","wikidata":"https://www.wikidata.org/wiki/Q224821","display_name":"Fuzzy logic","level":2,"score":0.4689202904701233},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.45630449056625366},{"id":"https://openalex.org/C2779960059","wikidata":"https://www.wikidata.org/wiki/Q7113681","display_name":"Overhead (engineering)","level":2,"score":0.43186986446380615},{"id":"https://openalex.org/C2778755073","wikidata":"https://www.wikidata.org/wiki/Q10858537","display_name":"Scale (ratio)","level":2,"score":0.42017483711242676},{"id":"https://openalex.org/C168074093","wikidata":"https://www.wikidata.org/wiki/Q2394609","display_name":"Project management triangle","level":3,"score":0.41026565432548523},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.3440208435058594},{"id":"https://openalex.org/C22212356","wikidata":"https://www.wikidata.org/wiki/Q775325","display_name":"Transport engineering","level":1,"score":0.3376529812812805},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.3307057023048401},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.18088629841804504},{"id":"https://openalex.org/C201995342","wikidata":"https://www.wikidata.org/wiki/Q682496","display_name":"Systems engineering","level":1,"score":0.1774323582649231},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.16881397366523743},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3414752.3414760","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3414752.3414760","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2020 The 11th International Conference on E-business, Management and Economics","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":13,"referenced_works":["https://openalex.org/W1559445788","https://openalex.org/W1983958468","https://openalex.org/W2001382804","https://openalex.org/W2015741965","https://openalex.org/W2040413550","https://openalex.org/W2068928693","https://openalex.org/W2072005880","https://openalex.org/W2077791698","https://openalex.org/W2146612430","https://openalex.org/W2163578022","https://openalex.org/W4231057775","https://openalex.org/W6658117761","https://openalex.org/W7060987154"],"related_works":["https://openalex.org/W1539475442","https://openalex.org/W4285401310","https://openalex.org/W3210702038","https://openalex.org/W2286434709","https://openalex.org/W2785115687","https://openalex.org/W560263232","https://openalex.org/W2574394682","https://openalex.org/W2350678939","https://openalex.org/W657337311","https://openalex.org/W2094713641"],"abstract_inverted_index":{"Highway":[0],"projects":[1],"are":[2,28,52,79,147],"an":[3,10],"integral":[4],"part":[5],"of":[6,9,23,37,46,60,67,73,87,102,114,135,142,177],"the":[7,14,19,56,68,82,117,133,139,143,175],"growth":[8,20],"economy":[11],"all":[12],"across":[13],"world":[15],"and":[16,21,39,48,58,71,85,116,120,128],"contribute":[17],"towards":[18,156,168],"development":[22],"a":[24,32,42,61,65,75,89,98,106,122,162],"nation.":[25],"Huge":[26],"investments":[27],"involved":[29],"in":[30,35,55,81,104,160],"such":[31,74,88,105,161],"project,":[33],"both":[34],"terms":[36],"money":[38],"time.":[40],"Besides":[41],"huge":[43,50],"overhead":[44],"cost":[45,141],"construction":[47],"labour,":[49],"costs":[51],"also":[53],"incurred":[54],"management":[57,86],"maintenance":[59],"highway":[62],"project.":[63,90],"As":[64],"result":[66],"sheer":[69],"scale":[70],"magnitude":[72],"project":[76,144],"various":[77],"uncertainties":[78,108,137,171],"inherent":[80],"development,":[83],"construction,":[84],"In":[91],"this":[92],"paper":[93],"we":[94],"seek":[95],"to":[96,110],"transform":[97],"select":[99],"few":[100],"forms":[101],"uncertainty":[103],"project;":[107],"due":[109],"traffic":[111],"demand,":[112],"price":[113],"land,":[115],"quality":[118],"index;":[119],"provide":[121],"mathematical":[123],"framework":[124,153],"using":[125,174],"stochastic":[126],"processes":[127],"fuzzy":[129],"logic":[130],"for":[131],"evaluating":[132],"impact":[134],"these":[136,170],"on":[138],"overall":[140],"when":[145],"they":[146],"treated":[148],"as":[149,165,167],"real":[150,178],"options.":[151,179],"The":[152],"presented":[154],"aims":[155],"making":[157,159],"decision":[158],"process":[163],"easier":[164],"well":[166],"mapping":[169],"into":[172],"flexibilities":[173],"concept":[176]},"counts_by_year":[],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
