Abstract:
The process of risk assessment was applied to airport strategic planning for analysis of the adequacy of the Minneapolis-St. Paul International Airport. Three steps were used to forecast demand: (a) development of a structure and logic model; (b) development of initial input assumptions; and (c) forecasting, risk analysis, and public exposure. The findings are presented in terms of operational results that define the probability of meeting unconstrained demand under each of three proposed development scenarios. The operational data are translated into implied economic benefits to the region.
Supplemental Notes:
This paper appears in Transportation Research Record No. 1274, Transportation and Economic Development 1990: Proceedings of a Conference, Williamsburg, Virginia, November 5-8, 1989. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
