Multicriteria Evaluation of High-speed Rail, Transrapid Maglev and Air Passenger Transport in Europe

Abstract

This article deals with a multicriteria evaluation of High-Speed Rail, Transrapid Maglev and Air Passenger Transport in Europe. Operational, socio-economic and environmental performance indicators of the specific high-speed transport systems are adopted as the evaluation criteria. By using the entropy method, weights are assigned to particular criteria in order to indicate their relative importance in decision-making. The TOPSIS method is applied to carry out the multicriteria evaluation and selection of the preferable alternative (high-speed system) under given circumstances.