IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i11p3907-d178681.html
   My bibliography  Save this article

Archaeological Site Conservation and Enhancement: An Economic Evaluation Model for the Selection of Investment Projects

Author

Listed:
  • Giacomo Di Ruocco

    (Department of Civil Engineering, University of Salerno, 84084 Fisciano (Salerno), Italy)

  • Antonio Nesticò

    (Department of Civil Engineering, University of Salerno, 84084 Fisciano (Salerno), Italy)

Abstract

For sustainable development of the territory, public administrations must guarantee the efficient allocation of available resources. This is also important for the conservation and enhancement of archaeological sites, able to generate multiple effects—not only strictly cultural, but also social, environmental, and financial—in their reference area. Although today, decisions on investments to be implemented are seldom supported by logical and operational methodologies able to rationalize the selection processes. Thus, proposing and implementing survey instruments to optimize the use of funds, in the light of a technical-economic process that is valid on a methodological level—that is repeatable and not complex to use—is likely necessary. This paper proposes a multicriteria evaluation model for the choice among projects concerning archaeological sites. According to pre-established criteria, the analysis protocol is defined using the algorithms of discrete linear programming, already successfully used in urban and territorial planning. These algorithms are written in A Mathematical Programming Language (AMPL); software which allows the consideration of several—both technical and economic—constraints that the system imposes. The model is verified by a case study, highlighting its potential and limits, as well as outlining future research perspectives.

Suggested Citation

  • Giacomo Di Ruocco & Antonio Nesticò, 2018. "Archaeological Site Conservation and Enhancement: An Economic Evaluation Model for the Selection of Investment Projects," Sustainability, MDPI, vol. 10(11), pages 1-13, October.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:11:p:3907-:d:178681
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/11/3907/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/10/11/3907/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Keeney,Ralph L. & Raiffa,Howard, 1993. "Decisions with Multiple Objectives," Cambridge Books, Cambridge University Press, number 9780521438834, January.
    2. Gianluigi De Mare & Maria Fiorella Granata & Antonio Nesticò, 2015. "Weak and Strong Compensation for the Prioritization of Public Investments: Multidimensional Analysis for Pools," Sustainability, MDPI, vol. 7(12), pages 1-17, December.
    3. Baoan Song & Qiyu Sun & Ying Li & Chuanqi Que, 2016. "Evaluating the Sustainability of Community-Based Long-Term Care Programmes: A Hybrid Multi-Criteria Decision Making Approach," Sustainability, MDPI, vol. 8(7), pages 1-19, July.
    4. Antonio Nesticò & Francesco Sica, 2017. "The sustainability of urban renewal projects: a model for economic multi-criteria analysis," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 35(4), pages 397-409, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Veterina Nosadila Riaventin & Sofyan Dwi Cahyo & Ivan Kristianto Singgih, 2021. "A Model for Developing Existing Ports Considering Economic Impact and Network Connectivity," Sustainability, MDPI, vol. 13(7), pages 1-17, March.
    2. Antonio Nesticò & Piera Somma, 2019. "Comparative Analysis of Multi-Criteria Methods for the Enhancement of Historical Buildings," Sustainability, MDPI, vol. 11(17), pages 1-19, August.
    3. Enrico Sicignano & Giacomo Di Ruocco & Anna Stabile, 2019. "Quali—A Quantitative Environmental Assessment Method According to Italian CAM, for the Sustainable Design of Urban Neighbourhoods in Mediterranean Climatic Regions," Sustainability, MDPI, vol. 11(17), pages 1-25, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Antonio Nesticò & Piera Somma, 2019. "Comparative Analysis of Multi-Criteria Methods for the Enhancement of Historical Buildings," Sustainability, MDPI, vol. 11(17), pages 1-19, August.
    2. Maria Rosaria Guarini & Fabrizio Battisti & Anthea Chiovitti, 2018. "A Methodology for the Selection of Multi-Criteria Decision Analysis Methods in Real Estate and Land Management Processes," Sustainability, MDPI, vol. 10(2), pages 1-28, February.
    3. KARRI PASANEN & MIKKO KURTTILA & JOUNI PYKÄlÄINEN & JYRKI KANGAS & PEKKA LESKINEN, 2005. "Mesta — Non-Industrial Private Forest Owners' Decision-Support Environment For The Evaluation Of Alternative Forest Plans Over The Internet," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 4(04), pages 601-620.
    4. Gerd Gigerenzer, 1997. "Bounded Rationality: Models of Fast and Frugal Inference," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 133(II), pages 201-218, June.
    5. Shuang Liu & Kirsten Maclean & Cathy Robinson, 2019. "A cost-effective framework to prioritise stakeholder participation options," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 7(3), pages 221-241, November.
    6. Khaled, Oumaima & Minoux, Michel & Mousseau, Vincent & Michel, Stéphane & Ceugniet, Xavier, 2018. "A multi-criteria repair/recovery framework for the tail assignment problem in airlines," Journal of Air Transport Management, Elsevier, vol. 68(C), pages 137-151.
    7. Zhang, Tianyu & Dong, Peiwu & Zeng, Yongchao & Ju, Yanbing, 2022. "Analyzing the diffusion of competitive smart wearable devices: An agent-based multi-dimensional relative agreement model," Journal of Business Research, Elsevier, vol. 139(C), pages 90-105.
    8. Smith, Chris M. & Shaw, Duncan, 2019. "The characteristics of problem structuring methods: A literature review," European Journal of Operational Research, Elsevier, vol. 274(2), pages 403-416.
    9. Anirban Basu & William Dale & Arthur Elstein & David Meltzer, 2009. "A linear index for predicting joint health‐states utilities from single health‐states utilities," Health Economics, John Wiley & Sons, Ltd., vol. 18(4), pages 403-419, April.
    10. Chorus, Caspar & van Cranenburgh, Sander & Daniel, Aemiro Melkamu & Sandorf, Erlend Dancke & Sobhani, Anae & Szép, Teodóra, 2021. "Obfuscation maximization-based decision-making: Theory, methodology and first empirical evidence," Mathematical Social Sciences, Elsevier, vol. 109(C), pages 28-44.
    11. Wu, Desheng (Dash) & Lee, Chi-Guhn, 2010. "Stochastic DEA with ordinal data applied to a multi-attribute pricing problem," European Journal of Operational Research, Elsevier, vol. 207(3), pages 1679-1688, December.
    12. Perrels, Adriaan & Molarius, Riitta & Porthin, Markus & Rosqvist, Tony, 2008. "Testing a Flood Protection Case by Means of a Group Decision Support System," Discussion Papers 449, VATT Institute for Economic Research.
    13. Fernandez del Pozo, J. A. & Bielza, C. & Gomez, M., 2005. "A list-based compact representation for large decision tables management," European Journal of Operational Research, Elsevier, vol. 160(3), pages 638-662, February.
    14. Mario Fedrizzi & Michele Fedrizzi & R. A. Marques Pereira, 2007. "Consensus Modelling In Group Decision Making: Dynamical Approach Based On Fuzzy Preferences," New Mathematics and Natural Computation (NMNC), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 219-237.
    15. repec:cup:judgdm:v:17:y:2022:i:6:p:1255-1286 is not listed on IDEAS
    16. Ahrens, Heinz & Kantelhardt, Jochen, 2007. "Integrating Ecological And Economic Aspects In Land Use Concepts: Some Conclusions From A Regional Land Use Concept For Bayerisches Donauried," 81st Annual Conference, April 2-4, 2007, Reading University, UK 7986, Agricultural Economics Society.
    17. Baudry, Gino & Delrue, Florian & Legrand, Jack & Pruvost, Jérémy & Vallée, Thomas, 2017. "The challenge of measuring biofuel sustainability: A stakeholder-driven approach applied to the French case," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 933-947.
    18. Ed Cook & Jason R. W. Merrick, 2023. "Technology Implementation at Capital One," Interfaces, INFORMS, vol. 53(3), pages 178-191, May.
    19. Gemmo, Irina & Browne, Mark J. & Gründl, Helmut, 2017. "Transparency aversion and insurance market equilibria," ICIR Working Paper Series 25/17, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR).
    20. J-B Yang & D-L Xu & X Xie & A K Maddulapalli, 2011. "Multicriteria evidential reasoning decision modelling and analysis—prioritizing voices of customer," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(9), pages 1638-1654, September.
    21. Nikolaos Argyris & Alec Morton & José Rui Figueira, 2014. "CUT: A Multicriteria Approach for Concavifiable Preferences," Operations Research, INFORMS, vol. 62(3), pages 633-642, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:11:p:3907-:d:178681. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.