Weak and Strong Compensation for the Prioritization of Public Investments: Multidimensional Analysis for Pools

Abstract

Abstract:Despite the economic crisis still heavily affecting most of Europe, a possible resumption can be found in the revitalization of public and private investments. These investments should be directed not only towards the strategic areas of infrastructures and production, but also to those which allow for a higher level of the quality of life (sports facilities, parks, etc.). In such cases, the need to balance the reasons of financial sustainability with environmental and social profiles is even more evident. Thus, multicriteria techniques, supporting complex assessments, should be implemented together with a monetary feasibility study (cost-benefit analysis). Multidimensional methods allow for the aggregation of different profiles into overall indicators. This study gives an account of how the application and comparison of multi-criteria approaches based on tools characterized by a higher or lower level of compensation between criteria can broaden the spectrum of analysis of the problems and lead to a more subtle logic of funding for public works and works of public utility, with a more current and mature sharing of profitability between private investors and users of community infrastructures.

Sponsorship for the Sustainability of Historical-Architectural Heritage: Application of a Model’s Original Test Finalized to Maximize the Profitability of Private Investors

“…These are all aspects that are currently being studied and analyzed on the basis of analyses conducted in neighboring study fields [26][27][28][29][30][31][32].…”

Audience Commodification: A Source of Innovation in Business Models

“…Technology by itself has no single objective value and the economic value of a technology remains latent until it is commercialized in some way via a business model (Chesbrough, 2007). Even strategy making and strategy implementation, which are very important factors in success of companies (De Mare et al, 2015;Radomska, 2015) depend on the business model of a company, which determines the strategy to follow.…”

Indicators and tools for assessing sustainability impacts of the forest bioeconomy

“…Therefore, a multidimensional approach is essential for overall sustainability assessment. Sustainability has been approached from many angles, such as compensation, thresholds and strong or weak sustainability (see Ayres et al 2001;De Mare et al 2015;Janeiro and Patel 2015). The very concept of sustainability has also been criticized for its anthropocentricity (see Kopnina 2016).…”