Economics and Rural Development, Volume 8, Number 2

Multicriteria Evaluation of Social Welfare

Jurgita Baranauskiene
Aleksandras Stulginskis University

Abstract

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.

Keyword(s): complex assessment, multicriteria methods, social welfare indicators, the Baltic States


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Economics and Rural Development ISSN 1822-3346 / eISSN 2345-0347

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