Rethinking the economist’s evaluation toolkit in light of sustainability policy

The dominant economic evaluation technique is benefit-cost analysis (BCA). However, sustainability policy must handle outcomes that cannot easily be quantified in monetary units. Multiple criteria analysis (MCA) is emerging as an alternative, and/or complementary, economic evaluation tool. The econo...

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Bibliographic Details
Main Author: Stefan Hajkowicz
Format: Article
Language:English
Published: Taylor & Francis Group 2008-03-01
Series:Sustainability: Science, Practice, & Policy
Subjects:
Online Access:http://ejournal.nbii.org/archives/vol4iss1/0709-021.hajkowicz.html