Advances in multicriteria decision support methods for evaluating development scenarios: an application to Thailand

Ron Vreeker and Peter Nijkamp
Additional contact information
Ron Vreeker: Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics

No 15, Serie Research Memoranda from VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics

Abstract: Rational 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

JEL-codes: C61 O53 (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://degree.ubvu.vu.nl/repec/vua/wpaper/pdf/20010015.pdf (application/pdf)

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:vua:wpaper:2001-15

Access Statistics for this paper

More papers in Serie Research Memoranda from VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics Contact information at EDIRC.
Bibliographic data for series maintained by R. Dam ().