Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
The sustainability of urban renewal projects: a model for economic multi-criteria analysis
Purpose: The decisions taken today relating to urban renewal interventions are rarely supported by logical and operational methodologies capable of effectively rationalising selection processes. For this purpose, it is necessary to propose and implement analysis models with the aim of promoting the sustainable development of the territory. The purpose of this paper is to define a model for the optimal allocation of scarce resources. Design/methodology/approach: The Discrete Linear Programming (DLP) is used for selecting investments aimed at achieving financial, social, cultural and environmental sustainability. Findings: The proposed model lends itself to the construction of investment plans on behalf of both types of decision makers, of both a public and a private nature. Research limitations/implications: All projects are evaluated according to multi-criteria logics, so that it is possible to find compromise solutions, in accordance with the stakeholders' different preferences. Practical implications: The model, written with A Mathematical Programming Language using DLP logics, is tested - case study - so as to define an investment programme finalised for urban renewal of a vast area. Social implications: The proposed econometric model makes it possible to obtain the optimal combination of projects for urban renewal with a view to achieving the sustainable development of the territory. Originality/value: Using the proposed model, all projects are evaluated according to multi-criteria logics, so that it is possible to find compromise solutions, in accordance with the stakeholders' different preferences.
The sustainability of urban renewal projects: a model for economic multi-criteria analysis
Purpose: The decisions taken today relating to urban renewal interventions are rarely supported by logical and operational methodologies capable of effectively rationalising selection processes. For this purpose, it is necessary to propose and implement analysis models with the aim of promoting the sustainable development of the territory. The purpose of this paper is to define a model for the optimal allocation of scarce resources. Design/methodology/approach: The Discrete Linear Programming (DLP) is used for selecting investments aimed at achieving financial, social, cultural and environmental sustainability. Findings: The proposed model lends itself to the construction of investment plans on behalf of both types of decision makers, of both a public and a private nature. Research limitations/implications: All projects are evaluated according to multi-criteria logics, so that it is possible to find compromise solutions, in accordance with the stakeholders' different preferences. Practical implications: The model, written with A Mathematical Programming Language using DLP logics, is tested - case study - so as to define an investment programme finalised for urban renewal of a vast area. Social implications: The proposed econometric model makes it possible to obtain the optimal combination of projects for urban renewal with a view to achieving the sustainable development of the territory. Originality/value: Using the proposed model, all projects are evaluated according to multi-criteria logics, so that it is possible to find compromise solutions, in accordance with the stakeholders' different preferences.
The sustainability of urban renewal projects: a model for economic multi-criteria analysis
Nesticò, Antonio (Autor:in) / Sica, Francesco (Autor:in) / Nesticò, Antonio / Sica, Francesco
01.01.2017
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Sustainability , Business , Urban renewal , Management and Accounting (all) , Finance , Economic evaluation of project , Multi-criteria analysi , Discrete Linear Programming (DLP) , Economics , Projects portfolio selection problem , Econometrics and Finance (all)2001 Economics , Econometrics and Finance (miscellaneous)
DDC:
710
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