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Measuring the intangibles in social decisions: Assessing benefits and costs of energy policy options

✍ Scribed by Kenneth H. Mitchell; Mary P. Soye


Publisher
Elsevier Science
Year
1983
Tongue
English
Weight
898 KB
Volume
25
Category
Article
ISSN
0378-4754

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✦ Synopsis


This article describes the use of the Analytic Hierarchy Process (AHP) of Saaty for measuring intangibles in social decision-making.

The traditional cost-benefit analysis approach is discussed and some key problems pointed out. Use of AHP to avoid some of these problems is discussed. An example is given of applying AHP to assess social, political, economic and environmental benefits and costs of energy policy options.