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Public Project Portfolio Optimization under a Participatory Paradigm
Joint Authors
Olmedo, Rafael
Fernandez, Eduardo
Source
Applied Computational Intelligence and Soft Computing
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-01-30
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Information Technology and Computer Science
Abstract EN
A new democracy paradigm is emerging through participatory budgeting exercises, which can be defined as a public space in which the government and the society agree on how to adapt the priorities of the citizenship to the public policy agenda.
Although these priorities have been identified and they are likely to be reflected in a ranking of public policy actions, there is still a challenge of solving a portfolio problem of public projects that should implement the agreed agenda.
This work proposes two procedures for optimizing the portfolio of public actions with the information stemming from the citizen participatory exercise.
The selection of the method depends on the information about preferences collected from the participatory group.
When the information is sufficient, the method behaves as an instrument of legitimate democracy.
The proposal performs very well in solving two real-size examples.
American Psychological Association (APA)
Fernandez, Eduardo& Olmedo, Rafael. 2013. Public Project Portfolio Optimization under a Participatory Paradigm. Applied Computational Intelligence and Soft Computing،Vol. 2013, no. 2013, pp.1-13.
https://search.emarefa.net/detail/BIM-505869
Modern Language Association (MLA)
Fernandez, Eduardo& Olmedo, Rafael. Public Project Portfolio Optimization under a Participatory Paradigm. Applied Computational Intelligence and Soft Computing No. 2013 (2013), pp.1-13.
https://search.emarefa.net/detail/BIM-505869
American Medical Association (AMA)
Fernandez, Eduardo& Olmedo, Rafael. Public Project Portfolio Optimization under a Participatory Paradigm. Applied Computational Intelligence and Soft Computing. 2013. Vol. 2013, no. 2013, pp.1-13.
https://search.emarefa.net/detail/BIM-505869
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-505869