Designing Public Policies

1. Front Matter

   Pages i-xviii

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2. General Framework: Policy Making as a Problem with Multiple Criteria

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 1-8

3. Economic Policy Using Applied General Equilibrium Models: An Overview

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 9-31

4. Basic Aspects of the Multiple Criteria Decision Making Paradigm

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 33-53

5. Multicriteria Economic Policies: General Ideas and Some Previous Experiences

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 55-78

6. Building a CGE Model for Economic and Environmental Policies

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 79-87

7. Designing Efficient Policies in Terms of Economic and Environmental Objectives

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 89-99

8. Compromise Policies: An Integration of Economic and Environmental Criteria

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 101-111

9. Joint Design of Economic and Environmental Policies: A Simonian Satisficing Approach

   • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

   Pages 113-123

10. Proposal for an Alternative Multicriteria Policy Approach Based on Welfare Functions

    • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

    Pages 125-133

11. Conclusions and Further Research

    • Francisco J. André, M. Alejandro Cardenete, Carlos Romero

    Pages 135-140

12. Back Matter

    Pages 141-143

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This monograph provides a novel approach to the evaluation of economic policy by combining two different analytical strategies. On the one hand, the computable general equilibrium (CGE) analysis, a standard tool mostly used to quantify the impact of economic measures or changes in the structural data of the economy. On the other hand, the multiple criteria decision-making (MCDM) approach, an op- misation technique that deals with problems with more than one objective. Ty- cally, CGE is well suited for the analysis of the interactions of multiple agents from the point of view of a planner single objective. Combining this technique with the MCDM approach allows developing models in which we ?nd many interacting agents and a decision maker with several objectives. The contribution of this work is partly methodological and partly applied. It provides a framework for the analysis of this type of problems, as well as a series of applications in which the strength of the approach is made clear. The consideration of environmental problems, as a speci?c ?eld in which this technique of analysis can be used, is particularly well chosen. The environmental concern keeps growing steadily and has already become an issue in most of the standard economic decisions. It is therefore extremely important to ?nd systematic ways to introduce such a concern in the models with which we evaluate the impact of policy measures.

• Computable General Equlibrium Models (CGE)
• Environmental Policies
• Macroeconomic Policies
• Multiple Criteria Decision Making (MCDM)
• Optimization
• multiple-criteria decision-making

• , Department of Economics, Universidad Pablo de Olavide, Sevilla, Spain

  Francisco J. André, M. Alejandro Cardenete

• , Research Group:, Technical University of Madrid, Madrid, Spain

  Carlos Romero

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