Thursday, March 6, 2008

Literature review worklog VIII: solution, solution, solution!

Finally it is time for solutions after we made the links between causes and problems last week. We are going to review the solutions provided by both the conventional Cost-Benefit-Analysis (CBA)/Cost-Effectiveness-Analysis (CEA) framework and the more "organic" Multi-Criteria-Decision-Analysis (MCDA) framework. So the essence of this review is boiled down to this table below.

Ecosystem service framework, non-market valuation, and systematic modeling are the three solutions I came up with so far for the CBA/CEA framework. Let's wait and see what the answers from the MCDA side, which is under review by another team member currently.

Cause

Problem

Solution



CBA/CEA

MCDA

Public good

Environmental and social impacts under-valued

Non-market valuation


Inter-

disciplinary

System complexity not fully dressed

Ecosystem Service framework


Uncertainty

Few ex-ante studies

Systematic modelling


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