© 1992 Oxford University Press and the Foundation for the European Review of Agricultural Economics
research-article |
The Average Value Ranking multi-criteria method for project evaluation in regional planning*
University of Gent
Received May 1, 1991;
Summary
A major problem in regional planning is the choice of the plan to be implemented. Because non-monetary effects are becoming more important, a multicriteria method is presented allowing a ranking of the alternatives on the basis of several criteria by only taking into account ordinal priorities. After the methodology has been described the method is illustrated with an application for a land consolidation project in Belgium.
Keywords: Project evaluation, multi-criteria analysis, land consolidation