Title: Social Multi-Criteria Evaluation for a Sustainable Economy
Authors: MUNDA GIUSEPPE
Publisher: Springer
Publication Year: 2008
JRC Publication N°: JRC40123
ISBN: 978-3-540-73702-5
URI: http://www.springer.com/business/operations+research/book/978-3-540-73702-5
http://publications.jrc.ec.europa.eu/repository/handle/JRC40123
Type: Books
Abstract: One of the main novelties of this book is in the establishment of a clear relationship between social and public choice on one hand, and multiple criteria decision analysis on the other one. This relationship leads to the new concept of Social Multi-Criteria Evaluation (SMCE). SMCE is proposed as a policy framework to integrate different scientific languages, where also the whole ¿civil society¿ and ethical concerns on future generations have to be considered along with policy-makers and market conditions. This can have beneficial consequences not only for economic prosperity, but also for dealing with the difficult sustainability policy problems of our Millennium. The methodological foundations of SMCE are set up by referring to concepts coming from economics, complex system theory and philosophy. From a mathematical point of view, social choice is used for improving the axiomatic consistency of multi-criterion algorithms. The treatment of technical uncertainty (both stochastic and fuzzy) is also explored in depth. Various real-world examples are discussed.
JRC Institute:Institute for the Protection and Security of the Citizen

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