Social Multi-Criteria Evaluation for a Sustainable Economy

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Springer Science & Business Media, 2007 M12 22 - 210 pages
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The real world is characterized by deep complexity. May be a rather unremarkable observation, yet it has important implications on the manner policy problems are represented and decision-making is framed. Is contemporary democracy compatible with science in real-world policy-making? This book gives answers in the affirmative. It also asserts that this congruence can have positive implications not only in terms of economic prosperity but also when dealing with the difficult sustainability policy problems of our millennium. To address contemporary issues economic science will have to expand its empirical relevance by introducing more and more realistic assumptions to its models. One of the most interesting research orientations in recent times in the field of public economics is the explicit attempt to take account of political constraints, interest groups and collusion effects. One of the main novelties of this book is its establishment of a clear relationship between social and public choice theories on one hand, and multiple criteria decision analysis on the other. The pioneering research developed by Arrow and Raynaud (1986) has shown that the relationships between multi-criteria decision theory and social choice are clear and relevant. The main directions of cross-fertilization between these research fields are twofold: 1. Multi-criteria decision theory can be an adequate framework for applied social (and public) choice. 2. Social choice can produce interesting theoretical results for ensuring the ax- matic consistency needed by multi-criterion aggregation conventions.

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Part A Methodological Foundations and Operational Consequences
Multiple Dimensions
Operationalizing Technical and Social
Part B Consistency in Social MultiCriteria Evaluation
Basic Discrete
Lessons Learned
Mathematical Procedures to Search for Technical and Social
Bibliography and References

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Page 2 - Heaven, we were all going direct the other way — in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only.

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