Document details

Managing Sustainable Energy Decisions:A Prospect – Theory Perspective Theory Perspective

Author(s): Guedes, Pedro ; Santos, Paulo ; São João, Ricardo

Date: 2025

Persistent ID: http://hdl.handle.net/10400.15/5871

Origin: Repositório Científico do Instituto Politécnico de Santarém

Subject(s): Multi-Criteria Decision Analysis; Sustainability; Prospect Theory; Energy


Description

The survival of humanity increasingly depends on its own actions. Sustainability is a pressing issue that must be systematically integrated into all decision-making processes. In management, multiple factors often influence the selection of decisions at the expense of more sustainable alternatives. Multi-Criteria Decision Analysis (MCDA) methods are used to objectify, support, and enhance the transparency of complex decisions involving multiple criteria. Research shows that applying MCDA in group decision-making increases satisfaction levels and the perception of fairness. These methods foster group commitment and facilitate negotiation toward a collectively supported solution. This communication aims to contribute to future research by replicating the studies of Leoneti & Gomes (2021). In the field of group multicriteria decision, specifically, it proposes replacing Case 3 — "Selection of the New President of a Company" — with two new case studies whose criteria and alternatives are explicitly related to sustainability (energy production sources). This cases will engage specialists and vocational education students in constructing a value tree, including the selection of criteria, alternatives, and performance descriptors. In both case studies Two case studies concerning energy production sources will be developed, and MCDA models will be applied to select the preferred option.

Document Type Conference object
Language English
Contributor(s) Repositório Científico do Instituto Politécnico de Santarém
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