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Guessing and Choosing: A Multicriterion Decision on Disposal Technology for Low-Level Radioactive Waste

Published online by Cambridge University Press:  28 November 2008

Dennis Coates
Affiliation:
Economics
Michael Munger
Affiliation:
Economics and Political Science, University of North Carolina-Chapel Hill

Abstract

Public officials faced with difficult and technologically complex decisions often resort to decision rules that purport to aggregate disparate judgements. Such multicriterion decisions are only as good as the procedures used to perform such aggregation, however. We examine the use of one such decision-making tool, a variant of the Delphi technique, in the choice of a disposal technology for low-level radioactive waste for the Southeast Compact Commission in the United States. The case focuses on the danger when officials guess when they think they are choosing. Choosing occurs when all participants understand the implications, and sensitivities, of the technique used to aggregate judgement; guessing occurs when the participants choose randomly or without full knowledge of the properties of the process.

Type
Articles
Copyright
Copyright © Cambridge University Press 1991

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