This study advances circular economy initiatives by advocating for the use of Multi-Criteria Decision-Making (MCDM). MCDM methods address the complex multi-faceted aspects of a product or process. They enable conflicting calculations of energy, cost, environmental criteria, and payback periods to be balanced. A systematic critical systematic review and bibliometric analysis were conducted to investigate the contribution of MCDM to the circular economy. The Scopus database was the primary data source reviewed. The geographical distribution, main research sources, and keyword co-occurrences were analyzed across 31 peer-reviewed book chapters, conference papers, and journal articles. The journal Sustainability (Switzerland) had the most publications (4), followed by the Journal of Business Strategy and the Environment and the Journal of Cleaner Production, each with two articles. Recently MCDM has gained popularity as a tool for evaluating the circular economy. This growing interest may be attributed to the complexity of the circular economy, as MCDM effectively balances multiple environmental criteria while integrating evaluations of economic cost and social impact. Criteria are incommensurable as each criterion has a distinct unit of measurement, making it impossible to compare outcomes across different indicators. MCDM is thus an ideal technique for assessing different options by integrating criteria within testable frameworks. However, no established patterns for selecting specific MCDM methods were identified. This is despite some options (e.g., combinations of AHP and TOPSIS) being used more frequently than others. In conclusion, all the studies identified financial factors as the most significant or highly sensitive issue in the transition toward a circular economy.
Retrospective evaluation (RE) of event sequences is known to be biased in various ways. The present paper presents a series of studies that examined the suggestion that the moments that are the most accessible in memory at the point of RE contribute to these biases. As predicted by this memory-based analysis, Experiment 1 showed that pleasantness ratings of word lists were biased by the presentation position of a negative item and by how easy the negative information was to retrieve. Experiment 2 ruled out the hypothesis that these findings were due to the dual nature of the task called upon. Experiment 3 further manipulated the memorability of the negative items – and corresponding changes in RE were as predicted. Finally, Experiment 4 extended the findings to more complex stimuli involving event narratives. Overall, the results suggest that assessments were adjusted based on the retrieval of the most readily available information.
Previous research has shown that risk preferences are sensitive to the financial domain in which they are framed. In the present paper, we explore whether the effect of negative priming on risk taking is moderated by financial context. A total of 120 participants completed questionnaires, where risky choices were framed in six different financial scenarios. Half of the participants were allocated to a negative priming condition. Negative priming reduced risk-seeking behaviour compared to a neutral condition. However, this effect was confined to non-experiential scenarios (i.e., gamble to win, possibility to lose), and not to ‘real world’ financial products (e.g., pension provision). The results call into question the generalisability of priming effects on different financial contexts.