dc.contributor.author | Hall, Ralph P. | |
dc.contributor.author | Ashford, Nicholas A. | |
dc.date.accessioned | 2016-06-02T00:39:27Z | |
dc.date.available | 2016-06-02T00:39:27Z | |
dc.date.issued | 2006-08 | |
dc.identifier.uri | http://hdl.handle.net/1721.1/102800 | |
dc.description.abstract | This paper introduces a hybrid trade-off/positional analysis framework as an alternative to cost-benefit analysis (CBA). As a decision-support tool, the proposed framework [1] allows decision-makers not to monetize or aggregate non-monetary factors over time; [2] invites the entrance of stakeholders into the debate since there is greater transparency as to who benefits and who is harmed by a particular policy/program/project; [3] enables analysts to undertake a comparative analysis of alternatives over time; and [4] takes into account the important role of technological change in shaping the state and performance of a system. In addition, a Rawlsian approach to incorporating equity into decision-making is advocated. | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | Massachusetts Institute of Technology. Engineering Systems Division | en_US |
dc.relation.ispartofseries | ESD Working Papers;ESD-WP-2006-12 | |
dc.title | Trade-off/Positional Analysis (with a Rawlsian Approach to Equity) as an Alternative to Cost-Benefit Analysis (CBA) in Socio-technical Decisions | en_US |
dc.type | Working Paper | en_US |