Multicriteria Evaluation of Social Welfare

Baranauskiene, Jurgita
December 2012
Economics & Rural Development;2012, Vol. 8 Issue 2, p15
Academic Journal
Social environment is complex and dynamic in its nature, while social welfare indicators can be highly diverse. Multicriteria evaluation methods can be applied for complex assessment of those indicators, as they allow ranking of the alternatives, i.e. the social welfare of countries, regions, organizations or the social benefits of social/public projects. The research problem follows from the diversity of social welfare indicators and the need for their complex assessment. This article examines and assesses the possibilities and weaknesses of multicriteria methods for social welfare evaluation, offers a logical scheme for a multicriteria evaluation of social welfare, and carries out a complex assessment of the welfare indicators in the Baltic States: Lithuania, Latvia and Estonia


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