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Application of Multicriteria Decision Making and Multi-Objective Planning Methods for Evaluating Metropolitan Parks in Terms of Budget and Benefits

Author

Listed:
  • Wen-Chi Lo

    (Academy Financial Technology Applications, Ming Chuan University, Taoyuan 33348, Taiwan)

  • Ching-Hua Lu

    (Office of Institutional Research, Shih Chien University, Taipei 10433, Taiwan)

  • Ying-Chyi Chou

    (Department of Business Administration, Tunghai University, Taichung 40704, Taiwan)

Abstract

Urbanization is inevitable in developed countries. This study investigated the design of metropolitan parks, which are essential for sustainable cities. The developed model examined the suitability of parks in Taichung City, Taiwan, and explored the three aspects of ecological, economic, and social indicators for park design using De Novo planning tools and the Decision Making Trial and Evaluation Laboratory-based Analytic Network Process. Because the De Novo programming method can redesign budget restrictions, this method can help managers arrange budget programming and reduce the impact of excessive investment on resource utilization in specific projects. After obtaining each factor’s price, the De Novo planning approach can reduce economic and ecological resource input and improve benefits relative to existing resource utilization methods. When assuming a fixed investment of resources, the De Novo planning method moves resources from the economic and ecological aspects of leisure and recreation, thus increasing the total benefit of metropolitan parks. Multicriteria decision-making and multi-objective planning methods can provide an effective solution for evaluating metropolitan parks.

Suggested Citation

  • Wen-Chi Lo & Ching-Hua Lu & Ying-Chyi Chou, 2020. "Application of Multicriteria Decision Making and Multi-Objective Planning Methods for Evaluating Metropolitan Parks in Terms of Budget and Benefits," Mathematics, MDPI, vol. 8(8), pages 1-18, August.
    • Handle: RePEc:gam:jmathe:v:8:y:2020:i:8:p:1304-:d:395396
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    References listed on IDEAS

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    1. Ying-Chyi Chou & Chia-Han Yang & Ching-Hua Lu & Van Thac Dang & Pei-An Yang, 2017. "Building Criteria for Evaluating Green Project Management: An Integrated Approach of DEMATEL and ANP," Sustainability, MDPI, vol. 9(5), pages 1-17, May.
    2. Amparo Baviera-Puig & Tomás Gómez-Navarro & Mónica García-Melón & Gabriel García-Martínez, 2015. "Assessing the Communication Quality of CSR Reports. A Case Study on Four Spanish Food Companies," Sustainability, MDPI, vol. 7(8), pages 1-22, August.
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