Ay. Liu et al., A MULTIOBJECTIVE AND MULTIDESIGN EVALUATION PROCEDURE FOR ENVIRONMENTAL-PROTECTION FORESTRY, Environmental & resource economics, 12(2), 1998, pp. 225-240
A unique and important application of a comprehensive and practical mu
lti-objective evaluation framework is presented which goes far beyond
traditional cost-benefit analysis (CBA). It is characterized by transp
arency which is not always the case for methods beyond CBA. The applic
ation is geared to the evaluation of environmental protection forestry
with several alternative designs. The framework suggested consists of
five key steps integrating orthodox cost-benefit analysis and the ana
lytical hierarchy process developed by Saaty (1980). It is shown to be
a flexible framework which can coherently function with a mixture of
both monetary and physical units of measurement. The framework is appl
ied to a consideration of alternative designs for the Three Norths She
lter Belt (TNSB) in China.