Monetary and non-monetary evaluation methods in sustainable development planning.

Author(s)
Munda, G. Nijkamp, P. & Rietveld, P.
Year
Abstract

Environmental management is essentially conflict analysis characterised by technical, socio-economic, environmental and political value judgements. Therefore, in an environmental planning process it is very difficult to arrive at straightforward and unambiguous solutions. This implies that such a multi-related planning process will always be characterised by the search for acceptable compromise solutions, an activity which requires an adequate evaluation methodology. Multiple criteria evaluation techniques aim at providing such a set of tools. In this paper, a comparison of the key characteristics of cost-benefit analysis and multicriteria evaluation will be carried out on the base of a set of comparison criteria; particular emphasis will be given to the role of sustainability.

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Publication

Library number
952255 ST [electronic version only]
Source

Amsterdam, Rotterdam, Tinbergen Instituut, 1995, 15 p., 21 ref.; Tinbergen reprint series ; No. 478 - ISSN 0929-0842 / Reprint from: Economie Appliquée, Tome XLVIII (1995), No. 2, p. 143-160

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