Search results for "Economic and social effect"

showing 3 items of 3 documents

Guidelines for risk management in forest planning – what is risk and when is risk management useful?

2018

Managing forest resources occurs under various sources of uncertainty. Depending on the management problem, this uncertainty may have a substantial impact on the quality of the solution. As our knowledge on the sources and magnitude of uncertainty improves, integrating this knowledge into the development of management plans becomes increasingly useful, as additional information can improve the decision-making process. This adjustment requires a fundamental shift in how planning problems are viewed: instead of interpreting risk management as a technique needed only for addressing problems with natural hazards, risk management should be an integral part of most planning problems. Managing ri…

0106 biological sciencesForest planning010504 meteorology & atmospheric sciencesmedia_common.quotation_subjectpäätöksentekoriskienhallintaValue engineering01 natural sciencesconditional value at riskadaptive planningAdaptive planningRisksQuality (business)Environmental planningRisk managementriskit0105 earth and related environmental sciencesmedia_commonriskGlobal and Planetary ChangeEcologyEconomic and social effectsbusiness.industryForestrymetsäsuunnitteluepävarmuusExpected shortfallForest resourceRisk managementmetsänhoitobusinessDecision making010606 plant biology & botany
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Decision Making in energy planning. Application of the electre method at regional level for the diffusion of renewable energy technology

2004

The authors show an application of the multicriteria decision-making methodology used to assess an action plan for the diffusion of renewable energy technologies at regional scale. This methodological tool gives the decision-maker considerable help in the selection of the most suitable innovative technologies in the energy sector, according to preliminary fixed objectives. In this paper, a case study is carried out for the island of Sardinia. This region presents, on one hand, a high potential for energy resources exploitation, but on the other hand, it represents a specific case among other Italian regions, because of its socio-economic status and history.Three decision scenarios have been…

DiffusionStrategic planningEconomic and social effectDecision making
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Integrating risk management tools for regional forest planning : an interactive multiobjective value at risk approach

2018

In this paper, we present an approach employing multiobjective optimization to support decision making in forest management planning under risk. The primary objectives are biodiversity and timber cash flow, evaluated from two perspectives: the expected value and the value-at-risk (VaR). In addition, the risk level for both the timber cash flow and biodiversity values are included as objectives. With our approach, we highlight the trade-off between the expected value and the VaR, as well as between the VaRs of the two objectives of interest. We employ an interactive method in which a decision maker iteratively provides preference information to find the most preferred management plan and lea…

Pareto optimalityRisk perceptioninteractive multiobjective optimizationEconomic and social effectsIterative methodsmetsänkäsittelyriskienhallintaForestryTimbermetsäsuunnitteluBiodiversityValue engineeringriskinarviointiepävarmuusRisk managementmultiobjective optimizationmetsänhoitoPareto principle
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