Please use this identifier to cite or link to this item: http://hdl.handle.net/10071/27213
Author(s): Andrade, F.
Ferreira, F.
Correia, R.
Date: 2022
Title: Ranking residential neighborhoods based on their sustainability: A CM-BWM approach
Journal title: International Journal of Strategic Property Management
Volume: 26
Number: 6
Pages: 410 - 423
Reference: Andrade, F., Ferreira, F., & Correia, R. (2022). Ranking residential neighborhoods based on their sustainability: A CM-BWM approach. International Journal of Strategic Property Management, 26(6), 410-423. http://dx.doi.org/10.3846/ijspm.2022.18310
ISSN: 1648-715X
DOI (Digital Object Identifier): 10.3846/ijspm.2022.18310
Keywords: Best Worst Method (BWM)
Cognitive mapping
Multiple criteria decision analysis (MCDA)
Real estate market
Residential neighborhood
Sustainability
Abstract: Population growth and rapid urbanization have consequences that are reflected in the economic, environmental, and social stability of city-residential neighborhoods. These impacts directly affect not only residents but also real estate markets and local governments. The professionals working in the latter entities have become increasingly concerned about urban sustainability and its strategic integration into their plans. Strategies have been implemented that focus on both addressing negative aspects of residential neighborhoods and enhancing positive features that can contribute to the continuous improvement of locals’ living conditions. This study applies the multiple-criteria decision analysis approach and a combination of cognitive mapping and the best-worst method (BWM) to identify the most relevant criteria and use these to rank residential neighborhoods according to their sustainability. To apply the selected techniques, two group meetings were held with a panel of decision makers. The results were validated by the panel members and the Funchal City Council councilor for urbanism, who concurred that the proposed ranking system facilitates the identification of the most sustainable residential neighborhoods. The contributions and limitations of the methodological approach are also discussed.
Peerreviewed: yes
Access type: Open Access
Appears in Collections:BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica

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