@article{ART002330731},
author={박재호 and Geem, Zong Woo and Jung-Suk Yu},
title={The Optimal Project Combination for Urban Regeneration New Deal Projects},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2018},
volume={28},
number={1},
pages={23-37},
doi={10.35136/krer.28.1.2}
TY - JOUR
AU - 박재호
AU - Geem, Zong Woo
AU - Jung-Suk Yu
TI - The Optimal Project Combination for Urban Regeneration New Deal Projects
JO - Korea Real Estate Review
PY - 2018
VL - 28
IS - 1
PB - korea real estate research institute
SP - 23
EP - 37
SN - 2092-5395
AB - The genetic algorithm (GA) and branch and bound (B&B) methods are the useful methods of searching the optimal project combination (combinatorial optimization) to maximize the project effect considering the budget constraint and the balance of regional development with regard to the Urban Regeneration New Deal policy, the core real estate policy of the Moon Jae-in government. The Ministry of Land, Infrastructure, and Transport (MOLIT) will choose 13 central-city-area-type projects, 2 economic-base-type projects, and 10 public-company-proposal-type projects among the numerous projects from 16 local governments while each government can apply only 4 projects, respectively, for the 2017 Urban Regeneration New Deal project. If MOLIT selects only those projects with a project effect maximization purpose, there will be unselected regions, which will harm the balance of regional development. For this reason, an optimization model is proposed herein, and a combinatorial optimization method using the GA and B&B methods should be sought to satisfy the various constraints with the object function. Going forward, it is expected that both these methods will present rational decision-making criteria if the central government allocates a special-purpose-limited budget to many local governments.
KW - urban regeneration new deal project;branch and bound method;genetic algorithm;combinatorial optimization
DO - 10.35136/krer.28.1.2
ER -
박재호, Geem, Zong Woo and Jung-Suk Yu. (2018). The Optimal Project Combination for Urban Regeneration New Deal Projects. Korea Real Estate Review, 28(1), 23-37.
박재호, Geem, Zong Woo and Jung-Suk Yu. 2018, "The Optimal Project Combination for Urban Regeneration New Deal Projects", Korea Real Estate Review, vol.28, no.1 pp.23-37. Available from: doi:10.35136/krer.28.1.2
박재호, Geem, Zong Woo, Jung-Suk Yu "The Optimal Project Combination for Urban Regeneration New Deal Projects" Korea Real Estate Review 28.1 pp.23-37 (2018) : 23.
박재호, Geem, Zong Woo, Jung-Suk Yu. The Optimal Project Combination for Urban Regeneration New Deal Projects. 2018; 28(1), 23-37. Available from: doi:10.35136/krer.28.1.2
박재호, Geem, Zong Woo and Jung-Suk Yu. "The Optimal Project Combination for Urban Regeneration New Deal Projects" Korea Real Estate Review 28, no.1 (2018) : 23-37.doi: 10.35136/krer.28.1.2
박재호; Geem, Zong Woo; Jung-Suk Yu. The Optimal Project Combination for Urban Regeneration New Deal Projects. Korea Real Estate Review, 28(1), 23-37. doi: 10.35136/krer.28.1.2
박재호; Geem, Zong Woo; Jung-Suk Yu. The Optimal Project Combination for Urban Regeneration New Deal Projects. Korea Real Estate Review. 2018; 28(1) 23-37. doi: 10.35136/krer.28.1.2
박재호, Geem, Zong Woo, Jung-Suk Yu. The Optimal Project Combination for Urban Regeneration New Deal Projects. 2018; 28(1), 23-37. Available from: doi:10.35136/krer.28.1.2
박재호, Geem, Zong Woo and Jung-Suk Yu. "The Optimal Project Combination for Urban Regeneration New Deal Projects" Korea Real Estate Review 28, no.1 (2018) : 23-37.doi: 10.35136/krer.28.1.2
