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Weak and Strong Compensation for the Prioritization of Public Investments: Multidimensional Analysis for Pools

Author

Listed:
  • Gianluigi De Mare

    (Department of Civil Engineering, University of Salerno, Via Giovanni Paolo II, 132, Fisciano (SA) 84084, Italy)

  • Maria Fiorella Granata

    (Department of Architecture, University of Palermo, Viale delle Scienze, ed, 14, Palermo 90128, Italy
    These authors contributed equally to this work.)

  • Antonio Nesticò

    (Department of Civil Engineering, University of Salerno, Via Giovanni Paolo II, 132, Fisciano (SA) 84084, Italy
    These authors contributed equally to this work.)

Abstract

Despite the economic crisis still heavily affecting most of Europe, a possible resumption can be found in the revitalization of public and private investments. These investments should be directed not only towards the strategic areas of infrastructures and production, but also to those which allow for a higher level of the quality of life (sports facilities, parks, etc. ). In such cases, the need to balance the reasons of financial sustainability with environmental and social profiles is even more evident. Thus, multicriteria techniques, supporting complex assessments, should be implemented together with a monetary feasibility study (cost-benefit analysis). Multidimensional methods allow for the aggregation of different profiles into overall indicators. This study gives an account of how the application and comparison of multi-criteria approaches based on tools characterized by a higher or lower level of compensation between criteria can broaden the spectrum of analysis of the problems and lead to a more subtle logic of funding for public works and works of public utility, with a more current and mature sharing of profitability between private investors and users of community infrastructures.

Suggested Citation

  • 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.
  • Handle: RePEc:gam:jsusta:v:7:y:2015:i:12:p:15798-16038:d:59844
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    References listed on IDEAS

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    Cited by:

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    4. Hana Ayadi & Nadia Hamani & Lyes Kermad & Mounir Benaissa, 2021. "Novel Fuzzy Composite Indicators for Locating a Logistics Platform under Sustainability Perspectives," Sustainability, MDPI, vol. 13(7), pages 1-37, April.
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    7. Paweł Ziemba, 2019. "Towards Strong Sustainability Management—A Generalized PROSA Method," Sustainability, MDPI, vol. 11(6), pages 1-29, March.
    8. Greco, Salvatore & Ishizaka, Alessio & Tasiou, Menelaos & Torrisi, Gianpiero, 2021. "The ordinal input for cardinal output approach of non-compensatory composite indicators: the PROMETHEE scoring method," European Journal of Operational Research, Elsevier, vol. 288(1), pages 225-246.
    9. Ilaria Henke & Armando Cartenì & Luigi Di Francesco, 2020. "A Sustainable Evaluation Processes for Investments in the Transport Sector: A Combined Multi-Criteria and Cost–Benefit Analysis for a New Highway in Italy," Sustainability, MDPI, vol. 12(23), pages 1-26, November.
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    12. Itziar Barinaga-Rementeria & Iker Etxano, 2020. "Weak or Strong Sustainability in Rural Land Use Planning? Assessing Two Case Studies through Multi-Criteria Analysis," Sustainability, MDPI, vol. 12(6), pages 1-18, March.
    13. Paweł Ziemba & Jarosław Wątróbski & Magdalena Zioło & Artur Karczmarczyk, 2017. "Using the PROSA Method in Offshore Wind Farm Location Problems," Energies, MDPI, vol. 10(11), pages 1-20, November.
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