ZHANG Fei-lian, CHEN Tao, SHI Feng. Stochastic evaluation method on financial post-evaluation of railway construction project[J]. Journal of Traffic and Transportation Engineering, 2003, 3(3): 36-39.
Citation: ZHANG Fei-lian, CHEN Tao, SHI Feng. Stochastic evaluation method on financial post-evaluation of railway construction project[J]. Journal of Traffic and Transportation Engineering, 2003, 3(3): 36-39.

Stochastic evaluation method on financial post-evaluation of railway construction project

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  • Author Bio:

    HANG Fei-lian (1964-), female, associate professor, 86-731-2655187, zmliu@csu.edu.cn

  • Received Date: 2002-11-01
  • Publish Date: 2003-09-25
  • Chinese policy change of transport price is mainly influenced by market factor. This paper analyzed the weakness of the method on financial post-evaluation of railway construction project. By applying the stochastic process theory to describe the passenger traffic rate and the cargo freight rate in railway respectively, the stochastic model of financial post-evaluation for railway construction project was developed. With stochastic simulation, the stochastic evaluation method was proposed. The results indicate that the stochastic evaluation method can more accurately image actual case, and will be a new method to financially post-evaluation of railway construction project objectively.

     

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