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Blockchain-based Governance for Social Welfare in the Forestry

Willrich, Sven; Straub, Tim; Weinhardt, Christof

While the future must be aligned more ecologically, different intensive challenges arise for the society. We exemplify these challenges by the multi objectives of a forest, since it offers renewable resources, conserves biodiversity, acts as a carbon sink, and provides recreational functions in a simultaneous manner. We approach the forest management problem (FMP) by using multi-criteria decision analysis (MCDA) with diverging stakeholder preferences as input and social welfare across participating stakeholders as output. To reach social welfare, we focus on mechanism design to gather truthful stakeholder valuations. Hence, this research in progress presents an instantiation of the participatory MCDA in the context of forestry. The research objective is to examine how distributed ledger technologies (DLT) can help to implement the mechanism and to coordinate the participatory MCDA transparently and securely.

DOI: 10.30844/wi_2020_x5-willrich
Zugehörige Institution(en) am KIT Institut für Wirtschaftsinformatik und Marketing (IISM)
Publikationstyp Buchaufsatz
Publikationsmonat/-jahr 03.2020
Sprache Englisch
Identifikator ISBN: 978-3-9554533-6-7
KITopen-ID: 1000117705
Erschienen in WI2020, Potsdam, 09.-11.03.2020 - Community Tracks
Verlag GITO Verlag, Berlin
Seiten 269–274
Vorab online veröffentlicht am 09.03.2020
Schlagwörter Blockchain, Forest Management, Social Welfare, MCDA, Governance
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