Ebook: Designing Public Policies: An Approach Based on Multi-Criteria Analysis and Computable General Equilibrium Modeling

This book presents a methodological approach for the joint design of economic and environmental policies. The starting point is the observation that, in practice, policy makers do not usually have a well-defined objective, but they are typically concerned about a number of economic and environmental indicators that conflict with each other. In view of this, policy making is addressed by combining two separate analytical approaches: multiple criteria decision making (MCDM) and computable general equilibrium (CGE) modeling. The aim is to come up with a methodological framework for policy design which is both operational and consistent with economic theory. In short, this book offers a unified view of this novel approach, paying special attention to the connections between economic and environmental objectives. The methodological foundations are presented as well as some real applications that illustrate the pragmatic value of the theoretical proposal.

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This book presents a methodological approach for the joint design of economic and environmental policies. The starting point is the observation that, in practice, policy makers do not usually have a well-defined objective, but they are typically concerned about a number of economic and environmental indicators that conflict with each other. In view of this, policy making is addressed by combining two separate analytical approaches: multiple criteria decision making (MCDM) and computable general equilibrium (CGE) modeling. The aim is to come up with a methodological framework for policy design which is both operational and consistent with economic theory. In short, this book offers a unified view of this novel approach, paying special attention to the connections between economic and environmental objectives. The methodological foundations are presented as well as some real applications that illustrate the pragmatic value of the theoretical proposal.

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This book presents a methodological approach for the joint design of economic and environmental policies. The starting point is the observation that, in practice, policy makers do not usually have a well-defined objective, but they are typically concerned about a number of economic and environmental indicators that conflict with each other. In view of this, policy making is addressed by combining two separate analytical approaches: multiple criteria decision making (MCDM) and computable general equilibrium (CGE) modeling. The aim is to come up with a methodological framework for policy design which is both operational and consistent with economic theory. In short, this book offers a unified view of this novel approach, paying special attention to the connections between economic and environmental objectives. The methodological foundations are presented as well as some real applications that illustrate the pragmatic value of the theoretical proposal.
Content:
Front Matter....Pages i-xviii
General Framework: Policy Making as a Problem with Multiple Criteria....Pages 1-8
Economic Policy Using Applied General Equilibrium Models: An Overview....Pages 9-31
Basic Aspects of the Multiple Criteria Decision Making Paradigm....Pages 33-53
Multicriteria Economic Policies: General Ideas and Some Previous Experiences....Pages 55-78
Building a CGE Model for Economic and Environmental Policies....Pages 79-87
Designing Efficient Policies in Terms of Economic and Environmental Objectives....Pages 89-99
Compromise Policies: An Integration of Economic and Environmental Criteria....Pages 101-111
Joint Design of Economic and Environmental Policies: A Simonian Satisficing Approach....Pages 113-123
Proposal for an Alternative Multicriteria Policy Approach Based on Welfare Functions....Pages 125-133
Conclusions and Further Research....Pages 135-140
Back Matter....Pages 141-143

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This book presents a methodological approach for the joint design of economic and environmental policies. The starting point is the observation that, in practice, policy makers do not usually have a well-defined objective, but they are typically concerned about a number of economic and environmental indicators that conflict with each other. In view of this, policy making is addressed by combining two separate analytical approaches: multiple criteria decision making (MCDM) and computable general equilibrium (CGE) modeling. The aim is to come up with a methodological framework for policy design which is both operational and consistent with economic theory. In short, this book offers a unified view of this novel approach, paying special attention to the connections between economic and environmental objectives. The methodological foundations are presented as well as some real applications that illustrate the pragmatic value of the theoretical proposal.
Content:
Front Matter....Pages i-xviii
General Framework: Policy Making as a Problem with Multiple Criteria....Pages 1-8
Economic Policy Using Applied General Equilibrium Models: An Overview....Pages 9-31
Basic Aspects of the Multiple Criteria Decision Making Paradigm....Pages 33-53
Multicriteria Economic Policies: General Ideas and Some Previous Experiences....Pages 55-78
Building a CGE Model for Economic and Environmental Policies....Pages 79-87
Designing Efficient Policies in Terms of Economic and Environmental Objectives....Pages 89-99
Compromise Policies: An Integration of Economic and Environmental Criteria....Pages 101-111
Joint Design of Economic and Environmental Policies: A Simonian Satisficing Approach....Pages 113-123
Proposal for an Alternative Multicriteria Policy Approach Based on Welfare Functions....Pages 125-133
Conclusions and Further Research....Pages 135-140
Back Matter....Pages 141-143
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