Title: Multi-criteria analysis and the resolution of ethical dilemmas in decision-making
Authors: De Brucker, Klaas
Macharis, Cathy
Verbeke, Alain
Issue Date: 5-Jul-2006
Publisher: European Conference on Operational Research
Host Document: 21st European Conference on Operational Research (Book of Abstracts) pages:173-173
Conference: 21st European Conference on Operational Research edition:21 location:Reykjavik date:2-5 July 2006
Article number: Paper WA-10
Abstract: We demonstrate that some MCA methods address adequately a number of ethical dilemmas, when applied to complex project evaluation. We show that under specific conditions, an MCA approach that embodies a Multi-stakeholder perspective can be used to foster the resolution of societal conflicts and the pursuit of the public good. We contrast the value added - in terms of resolving ethical dilemmas - of these stakeholder-oriented with more conventional MCA approaches and cost-benefit analysis. We suggest that the stakeholder-oriented MCA is consistent with the neo-institutional economics paradigm.
Publication status: published
KU Leuven publication type: IMa
Appears in Collections:Research Centre for Economics and Corporate Sustainability, Campus Brussels
Faculty of Economics and Business (FEB) - miscellaneous
Department of ECON-CEDON, Campus Brussels

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