Designing Public Policies: An Approach Based on Multi-Criteria Analysis and Computable General Equilibrium Modeling: 642 (Lecture Notes in Economics and Mathematical Systems)

Book Details

• Publisher: Springer

• Author: Francisco J. André

• ISBN: 9783642121821

• Edition: 2010

• Binding: Paperback

• Pages: 180

• Release Date: 04-08-2010

• Languages: English

• Package Dimensions: 9.0 x 6.1 x 0.6 inches

About The Book
This monograph by Francisco J. André provides a groundbreaking approach to the evaluation of economic policy by merging two powerful analytical strategies: Computable General Equilibrium (CGE) analysis and Multiple Criteria Decision-Making (MCDM). The book highlights how these two techniques can complement each other to address complex economic issues.

• CGE analysis is a widely-used tool to quantify the impact of economic measures and changes in the structural data of an economy, making it ideal for understanding interactions between multiple agents from the perspective of a single decision-maker.

• MCDM is an optimization technique that allows for addressing problems with multiple objectives, providing a more holistic approach when various agents with different goals are involved.

By combining these techniques, André introduces models in which multiple interacting agents and a decision-maker with several objectives are present. This work is both methodological and applied, providing a comprehensive framework for analyzing such problems, and is particularly relevant in the context of environmental issues, which are increasingly influencing economic decisions.

The book is especially useful for those looking to understand how to incorporate environmental concerns into economic policy analysis, making it highly relevant in the current global context where environmental sustainability is of paramount importance.

Key Features:

• Merging CGE and MCDM approaches for more robust economic policy evaluation

• Methodological framework for integrating multiple agents and multiple objectives in economic models

• Focus on environmental issues as a critical aspect of modern economic policy-making

• Practical applications that demonstrate the power of combining these techniques for policy evaluation

This work is an essential resource for economists, policymakers, and researchers looking to explore innovative ways to evaluate the impact of economic measures, especially in contexts where environmental factors play a key role.