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Sustainability 2015, 7(12), 16022-16038; doi:10.3390/su71215798

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

1
Department of Civil Engineering, University of Salerno, Via Giovanni Paolo II, 132, Fisciano (SA) 84084, Italy
2
Department of Architecture, University of Palermo, Viale delle Scienze, ed, 14, Palermo 90128, Italy
These authors contributed equally to this work.
*
Author to whom correspondence should be addressed.
Academic Editor: Adam Jabłoński
Received: 9 September 2015 / Revised: 18 November 2015 / Accepted: 24 November 2015 / Published: 2 December 2015
(This article belongs to the Special Issue Sustainable Business Models)
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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. View Full-Text
Keywords: multicriteria evaluation; economic assessment; sports facilities; strong and weak sustainability; SMART; PROMETHEE II multicriteria evaluation; economic assessment; sports facilities; strong and weak sustainability; SMART; PROMETHEE II
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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MDPI and ACS Style

De Mare, G.; Granata, M.F.; Nesticò, A. Weak and Strong Compensation for the Prioritization of Public Investments: Multidimensional Analysis for Pools. Sustainability 2015, 7, 16022-16038.

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