EconPapers    
Economics at your fingertips  
 

Comparative Analysis of Multi-Criteria Methods for the Enhancement of Historical Buildings

Antonio Nesticò and Piera Somma
Additional contact information
Antonio Nesticò: Department of Civil Engineering, University of Salerno, 84084 Fisciano (SA), Italy
Piera Somma: Department of Civil Engineering, University of Salerno, 84084 Fisciano (SA), Italy

Sustainability, 2019, vol. 11, issue 17, 1-19

Abstract: The protection of cultural heritage is essential to preserve the memory of the territory and its communities, but its enhancement is also important. In this perspective, the theme of choosing the best use for historic buildings, which often make up a substantial and widespread part of real estate and which can become a driving force for the sustainable development of cities, is important. These decision-making processes find effective support tools in Multi-Criteria Decision Making (MCDM) methods, able to consider the multiple financial, social, cultural, and environmental effects that the enhancement project generates. In order to identify the most appropriate evaluation approach to select the best use of the building, this paper proposes a comparison between some of the best-known MCDM methods: Analitic Hierarchy Process (AHP), ELimination Et Choix Traduisant la REalité (ELECTRE), Tecnique for Order Preference by Similarity to Ideal Solution (TOPSIS), and the Compromise Ranking Method (VIKOR). The comparative analysis gives rise to the validity of the AHP, which is useful for reducing the problem into its essential components, so as to make a rational comparison among the design alternatives based on different criteria. The novelty of the research is the characterization of the hierarchical structure of the model, as well as the selection of criteria and indicators of economic evaluation. The application of the model to a real case of recovery and enhancement of a former convent in the province of Salerno (Italy) verifies the effectiveness of the tool and its adaptability to the specificities of the case study.

Keywords: economic evaluation of projects; Multi Criteria Decision Making (MCDM); historical building; economic enhancement (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
https://www.mdpi.com/2071-1050/11/17/4526/pdf (application/pdf)
https://www.mdpi.com/2071-1050/11/17/4526/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:17:p:4526-:d:259449

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jsusta:v:11:y:2019:i:17:p:4526-:d:259449