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Prioritisation of public investments in social infrastructures using multicriteria value analysis and decision conferencing: a case study
Author(s) -
Bana e Costa Carlos A.,
Fernandes Tânia G.,
Correia Paulo V. D.
Publication year - 2006
Publication title -
international transactions in operational research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.032
H-Index - 52
eISSN - 1475-3995
pISSN - 0969-6016
DOI - 10.1111/j.1475-3995.2006.00549.x
Subject(s) - rationality , transparency (behavior) , decision analysis , structuring , social welfare , context (archaeology) , business , multiple criteria decision analysis , knowledge management , computer science , management science , operations research , economics , finance , engineering , mathematical economics , political science , paleontology , computer security , law , biology
Not‐for‐profit private organisations that provide social services to children, the elderly and the disabled apply for financial support to develop or to renew their social infrastructures, through the Portuguese Institute for Social Welfare. In the context of scarce financial resources, the Institute decision‐makers felt the need to adopt an improved “rationality” in resource allocation, in order to increase transparency and to ensure that the collective best use is made of a limited budget. This paper describes the socio‐technical process followed in building a multicriteria value model, under a decision conferencing framework in which participation and interaction among decision‐actors were key features in the development of the three main phases of problem structuring, evaluation and prioritisation.