Considering automated vehicle deployment uncertainty in the design of optimal parking garages using real options

Arnór Elvarsson, Claudio Martani, Bryan T. Adey
January, 2021
Project DOI
Type
Journal article
Publication
Journal of Building Engineering , 34, https://doi.org/10.1016/j.jobe.2020.101703
Flexibility Life cycle costs Monte Carlo simulations Parking garage Real option Uncertainty Use change Cost benefit analysis Floors Garages (parking) Housing Monte Carlo methods Optimal systems Sensitivity analysis Uncertainty analysis Automated vehicles Demand uncertainty Design alternatives Intervention strategy Potential benefits Residential building Traditional buildings Western Switzerland Architectural design
Arnór Elvarsson
Arnór Elvarsson
Research assistant

Passionate about managing infrastructure, facilitating robust decisions for our built environment considering the uncertain future.