Sustainable development of territorial units: MCDM approach with optimal tail selection

Aleksandra Łuczak and Małgorzata Just

Ecological Modelling, 2021, vol. 457, issue C

Abstract: In the face of accelerating climate change, economic instability and limited resources, it is essential to find indicators that better measure the sustainable development of territorial units. Despite ambiguous definitions of sustainable development, numerous studies describe quantitative indicators of sustainable development. Main methodological problems include data availability and their use, spatial and time scales, selection of indicators, and their aggregation. Usually, analysts and decision-makers apply well known conventional methods that have numerous limitations. These methods in many cases cause excessive simplification of the real phenomena and relations between their determinants. Moreover, variables describing the development of territorial units (especially the environmental pillar) are often characterized by strong asymmetry or extreme observations. Even a single outlier for a given territorial unit may significantly affect the analysis and the resulting conclusions.

Keywords: MCDM; TOPSIS; Extreme values; Sustainable development (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecomod:v:457:y:2021:i:c:s0304380021002325

DOI: 10.1016/j.ecolmodel.2021.109674

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