DFAHP multicriteria risk assessment model for redeveloping derelict public buildings
Reusing abandoned public buildings is a positive strategy in sustainable urban development. An appropriate assessment method is needed to reduce the risks of redeveloping derelict public properties. The Delphi method is an optimal group decision-making technique; whereas the analytical hierarchy pr...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2013-12-01
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| Series: | International Journal of Strategic Property Management |
| Subjects: | |
| Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/4209 |
| Summary: | Reusing abandoned public buildings is a positive strategy in sustainable urban development. An appropriate assessment method is needed to reduce the risks of redeveloping derelict public properties. The Delphi method is an optimal group decision-making technique; whereas the analytical hierarchy process (AHP) method is useful for solving multicriteria decision-making problems. In addition, fuzzy logic manages artificial uncertainty and ambiguity, where an explicit number or ratio can express the level of preference. This study uses the Delphi method, fuzzy logic, and AHP (DFAHP) as a risk assessment model to redevelop derelict public buildings. The DFAHP provides an objective reference for investment decisions and is beneficial in reducing the risk of the public sector investing in the reuse of abandoned public buildings, in aiding in reuse cases that revitalize urban economic development, and in appreciating the value of sustainable city development.
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| ISSN: | 1648-715X 1648-9179 |