IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-01010513.html
   My bibliography  Save this paper

A range based Multi-Actor Multicriteria Analysis to incorporate uncertainty in stakeholder based evaluation processes

Author

Listed:
  • Gino Baudry

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

  • Cathy Macharis

    (BUTO - Business Technology and Operations - VUB - Vrije Universiteit Brussel)

  • Thomas Vallée

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

Abstract

Increasing concerns about environmental and social impacts have made multicriteria analysis (MCA) increasingly popular in decision making processes. The present paper proposes a new methodology which allows taking into account multicriteria aspects, stakeholder's preferences and long time horizon uncertainty. Relying on the MAMCA methodology developed by Macharis in 2000, we develop a new decision making support tool, the range based MAMCA. Within MAMCA, the different possible solutions or alternatives are evaluated on the objectives of the stakeholders. These evaluations can be however uncertain as there might be a lack of knowledge, lack of experience or future predications might be uncertain. By means of Monte Carlo Simulation a range based MAMCA approach is developed to generate several possible states of the world. While a classical MCA would have provided a single final ranking, encouraging the support of an alternative, which can either be the best or the worst one depending on its performance uncertainty in the long run. The range based MAMCA provides a wide range of possible rankings depending on the many possible states of the world. Thus, it provides scorings, rankings of alternatives and the probability they will occur. The new approach is described and shown by means of an illustrative case: the stakeholder support for different biofuel options.

Suggested Citation

  • Gino Baudry & Cathy Macharis & Thomas Vallée, 2014. "A range based Multi-Actor Multicriteria Analysis to incorporate uncertainty in stakeholder based evaluation processes," Working Papers hal-01010513, HAL.
  • Handle: RePEc:hal:wpaper:hal-01010513
    Note: View the original document on HAL open archive server: https://hal.science/hal-01010513
    as

    Download full text from publisher

    File URL: https://hal.science/hal-01010513/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Doukas, Haris Ch. & Andreas, Botsikas M. & Psarras, John E., 2007. "Multi-criteria decision aid for the formulation of sustainable technological energy priorities using linguistic variables," European Journal of Operational Research, Elsevier, vol. 182(2), pages 844-855, October.
    2. De Brucker, Klaas & Macharis, Cathy & Verbeke, Alain, 2013. "Multi-criteria analysis and the resolution of sustainable development dilemmas: A stakeholder management approach," European Journal of Operational Research, Elsevier, vol. 224(1), pages 122-131.
    3. Munda, Giuseppe, 2004. "Social multi-criteria evaluation: Methodological foundations and operational consequences," European Journal of Operational Research, Elsevier, vol. 158(3), pages 662-677, November.
    4. Michela Nardo & Michaela Saisana & Andrea Saltelli & Stefano Tarantola & Anders Hoffman & Enrico Giovannini, 2005. "Handbook on Constructing Composite Indicators: Methodology and User Guide," OECD Statistics Working Papers 2005/3, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Athanasios P. Vavatsikos & Kalliopi F. Sotiropoulou & Veniamin Tzingizis, 2022. "GIS-assisted suitability analysis combining PROMETHEE II, analytic hierarchy process and inverse distance weighting," Operational Research, Springer, vol. 22(5), pages 5983-6006, November.
    2. te Boveldt, Geert & Van Raemdonck, Koen & Macharis, Cathy, 2018. "A new railway tunnel under Brussels? Assessing political feasibility and desirability with competence-based multi criteria analysis," Transport Policy, Elsevier, vol. 66(C), pages 30-39.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Baudry, Gino & Macharis, Cathy & Vallée, Thomas, 2018. "Range-based Multi-Actor Multi-Criteria Analysis: A combined method of Multi-Actor Multi-Criteria Analysis and Monte Carlo simulation to support participatory decision making under uncertainty," European Journal of Operational Research, Elsevier, vol. 264(1), pages 257-269.
    2. Giuseppe Munda, 2012. "Choosing Aggregation Rules for Composite Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 109(3), pages 337-354, December.
    3. Wang, Wei & Liu, Wenbin & Mingers, John, 2015. "A systemic method for organisational stakeholder identification and analysis using Soft Systems Methodology (SSM)," European Journal of Operational Research, Elsevier, vol. 246(2), pages 562-574.
    4. Marinakis, Vangelis & Doukas, Haris & Xidonas, Panos & Zopounidis, Constantin, 2017. "Multicriteria decision support in local energy planning: An evaluation of alternative scenarios for the Sustainable Energy Action Plan," Omega, Elsevier, vol. 69(C), pages 1-16.
    5. te Boveldt, Geert & Van Raemdonck, Koen & Macharis, Cathy, 2018. "A new railway tunnel under Brussels? Assessing political feasibility and desirability with competence-based multi criteria analysis," Transport Policy, Elsevier, vol. 66(C), pages 30-39.
    6. Kurka, Thomas & Blackwood, David, 2013. "Participatory selection of sustainability criteria and indicators for bioenergy developments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 92-102.
    7. Andrea Saltelli, 2007. "Composite Indicators between Analysis and Advocacy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 81(1), pages 65-77, March.
    8. Baudry, Gino & Macharis, Cathy & Vallée, Thomas, 2018. "Can microalgae biodiesel contribute to achieve the sustainability objectives in the transport sector in France by 2030? A comparison between first, second and third generation biofuels though a range-," Energy, Elsevier, vol. 155(C), pages 1032-1046.
    9. Josephine Gatti Schafer & Caleb T Gallemore, 2016. "Biases in multicriteria decision analysis: The case of environmental planning in Southern Nevada," Environment and Planning C, , vol. 34(8), pages 1652-1675, December.
    10. Hertrich Markus, 2019. "A Novel Housing Price Misalignment Indicator for Germany," German Economic Review, De Gruyter, vol. 20(4), pages 759-794, December.
    11. Drago, Carlo & Ginesti, Gianluca & Pongelli, Claudia & Sciascia, Salvatore, 2018. "Reporting strategies: What makes family firms beat around the bush? Family-related antecedents of annual report readability," Journal of Family Business Strategy, Elsevier, vol. 9(2), pages 142-150.
    12. Fabio Pammolli & Francesco Porcelli & Francesco Vidoli & Guido Borà, 2014. "La spesa sanitaria delle Regioni in Italia - Saniregio 3," Working Papers CERM 02-2014, Competitività, Regole, Mercati (CERM).
    13. Fabio Pammolli & Francesco Porcelli & Francesco Vidoli & Monica Auteri & Guido Borà, 2017. "La spesa sanitaria delle Regioni in Italia - Saniregio2017," Working Papers CERM 01-2017, Competitività, Regole, Mercati (CERM).
    14. Johann Audrain & Mateo Cordier & Sylvie Faucheux & Martin O’Connor, 2013. "Écologie territoriale et indicateurs pour un développement durable de la métropole parisienne," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(3), pages 523-559.
    15. Mehar, Mamta & Yamano, Takashi & Panda, Architesh, 2017. "The Role of Gender, Risk, and Time Preferences in Farmers' Rice Variety Selection in Eastern India," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 14(1), June.
    16. Baudry, Gino & Delrue, Florian & Legrand, Jack & Pruvost, Jérémy & Vallée, Thomas, 2017. "The challenge of measuring biofuel sustainability: A stakeholder-driven approach applied to the French case," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 933-947.
    17. Marta Santagata & Enrico Ivaldi & Riccardo Soliani, 2019. "Development and Governance in the Ex-Soviet Union: An Empirical Inquiry," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 157-190, January.
    18. Erahman, Qodri Febrilian & Purwanto, Widodo Wahyu & Sudibandriyo, Mahmud & Hidayatno, Akhmad, 2016. "An assessment of Indonesia's energy security index and comparison with seventy countries," Energy, Elsevier, vol. 111(C), pages 364-376.
    19. Hong, Sanghyun & Kim, Eunsung & Jeong, Saerok, 2023. "Evaluating the sustainability of the hydrogen economy using multi-criteria decision-making analysis in Korea," Renewable Energy, Elsevier, vol. 204(C), pages 485-492.
    20. Hans-Dieter Evers & Azhari Karim, 2011. "The Maritime Potential of ASEAN Economies," Journal of Current Southeast Asian Affairs, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 30(1), pages 117-124.

    More about this item

    Keywords

    Multi-criteria analysis; decision making; multi-actor multi criteria analysis; uncertainty; sustainable development; Monte Carlo Simulation.; Monte Carlo Simulation;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-01010513. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.