Abstract for: Modeling Transportation Public - Private Partnerships
The present paper discuss and demonstrate arguments in the use of the System Dynamics as a main approach to a new research area here named of Territorial Engineering. More specifically the aims are help the main stakeholders involved in the process to decide about the bankability of infrastructure projects. It is also considered the possibility of using agent-based modeling in the form of a hybrid model. This new research area wish establishing a new focus on infrastructure funding, whereby it is argued that the investment decisions should not be taken based solely on the gains obtained by users and indirect beneficiaries, but should also consider the infrastructure’s ability to accomplish an economic growth that may be captured fiscally. This proposition emerges from the limitations of the current funding approaches, both public (fiscal investment) and private (PFI and PPP), to cover the increasing construction and maintenance costs of infrastructure.