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Multi-Criteria Policy Analysis×Benefit-Cost Analysis for Policy×
Lĩnh vựcPublic PolicyPublic Policy
HọMCDMProcess / pipeline
Năm ra đời20022018
Người khởi xướngValerie Belton & Theodor Stewart (synthesis); MCDA traditionWelfare-economics tradition; Boardman, Greenberg, Vining & Weimer (synthesis)
LoạiMulti-criteria decision analysis applied to policy appraisalMonetised economic appraisal of policy options
Công trình gốcBelton, V., & Stewart, T. J. (2002). Multiple Criteria Decision Analysis: An Integrated Approach. Boston: Kluwer Academic Publishers. ISBN: 9780792375050Boardman, A. E., Greenberg, D. H., Vining, A. R., & Weimer, D. L. (2018). Cost-Benefit Analysis: Concepts and Practice (5th ed.). Cambridge: Cambridge University Press. ISBN: 9781108415996
Tên gọi khácMulti-Criteria Analysis for Policy, MCDA Policy Appraisal, MCA in Policy, Multi-Criteria Policy AppraisalCost-Benefit Analysis in Policy, Policy Benefit-Cost Analysis, Social Benefit-Cost Analysis, BCA
Liên quan33
Tóm tắtMulti-criteria policy analysis applies multi-criteria decision analysis (MCDA) to appraise and rank policy options against several, often conflicting, objectives that cannot be reduced to a single money metric. Each option is scored on a set of explicit criteria — economic, social, environmental, distributional — the criteria are weighted to reflect their relative importance, and the scores are aggregated into an overall value that ranks the options. Set out comprehensively in Belton and Stewart's 2002 textbook and operationalised for government in the UK's widely used Multi-Criteria Analysis Manual, the approach makes the trade-offs in a policy decision transparent and structured rather than implicit.Benefit-cost analysis (BCA), also called cost-benefit analysis, is a systematic appraisal that values all the material consequences of a policy in money, discounts them to present value, and recommends the option with the greatest net social benefit. Grounded in welfare economics and the compensation principle, it asks whether the gains to those who benefit exceed the losses to those who bear the costs across society as a whole. Set out comprehensively in Boardman, Greenberg, Vining and Weimer's standard textbook and operationalised by government guidance such as the UK Treasury's Green Book, BCA is the principal efficiency test applied to public investments and regulations.
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