Trade-off/Positional Analysis (with a Rawlsian Approach to Equity) as an Alternative to Cost-Benefit Analysis (CBA) in Socio-technical Decisions

This paper introduces a hybrid trade-off/positional analysis framework as an alternative to cost-benefit analysis (CBA). As a decision-support tool, the proposed framework [1] allows decision-makers not to monetize or aggregate non-monetary factors over time; [2] invites the entrance of stakeholders...

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Bibliographic Details
Main Authors: Hall, Ralph P., Ashford, Nicholas A.
Format: Working Paper
Language:en_US
Published: Massachusetts Institute of Technology. Engineering Systems Division 2016
Online Access:http://hdl.handle.net/1721.1/102800