Route Optimization of Hazardous Material Railway Transportation Based on Conditional Value-at-Risk Considering Risk Equity
Rail transportation of hazardous material (Hazmat) involves low-probability, and high-consequence risks, requiring strategies that mitigate extreme accident impacts while ensuring fair risk distribution. To address this, we introduce conditional value-at-risk with equity (CVaRE) into railway Hazmats...
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| Main Authors: | Liping Liu, Shilei Sun, Shuxia Li |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2025-02-01
|
| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/13/5/803 |
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