Advances in multicriteria decision support methods for evaluating development scenarios : an application to Thailand
AbstractRational decision-making requires an assessment of all pros and cons of choice possibilities, including non-market effects such as environmental and spatial externalities. In the past decades various decision support and evaluation methods have been developed in which a market evaluation played a prominent role. Gradually, also a variety of adjusted multidimensional evaluation methods has been developed. These methods aim to investigate and evaluate all relevant impacts of a choice set on the basis of a multitude of relevant policy criteria (so-called multicriteria methods). This paper aims to offer a new perspective for assessing sustainable development strategies at the regional level. This framework is based on a blend of two types of approaches, viz. Regime Analysis (an advanced pair-wise comparison method for discrete choice options) and the Flag Model (based on critical threshold value analysis of outcomes of choice options). By means of this triangular framework an empirical case study is undertaken for the Songkhla/Hat Yai area in southern Thailand. Based on a multidimensional indicator system for sustainable development, a comprehensive qualitative community impact assessment system and the above mentioned compound evaluation framework, three distinct policy scenarios are systematically evaluated using a combination of the critical threshold value approach (the Flag Model) and the Regime Analysis. The paper is concluded with a few
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Bibliographic InfoPaper provided by VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics in its series Serie Research Memoranda with number 0015.
Date of creation: 2001
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Find related papers by JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
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- Abel, Nick, 1997. "Mis-measurement of the productivity and sustainability of African communal rangelands: a case study and some principles from Botswana," Ecological Economics, Elsevier, vol. 23(2), pages 113-133, November.
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