Incentives, MCDM, and Environmental Protection

Stuart Nagel
Robert Nagel

DOI: 10.2190/9PVD-X27Q-T7NA-M69X


The purpose of this article is to show how environmental protection can be facilitated by combining incentives theory and multi-criteria decision making. The article uses alternative ways of dealing with environmental protection for illustrative purposes; the methods are applicable to other socio-economic problems. It proceeds from a simple model to more realistic models, and concludes by noting the great potential that incentives theory and MCDM have for socio-economic planning and environmental policy.

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