Papers
A marijuana legalization model using benefits, opportunities, costs and risks (BOCR) analysis
Author(s)Thomas Saaty
Joseph M. Katz Graduate School of Business
University of Pittsburgh
United States
Publication date: Apr, 2015
Journal: International Journal of Strategic Decision Sciences Vol.: 6- Issue: 2- Pages: 1-11
Abstract: Marijuana has been regarded as an evil in our society because of abuse and addiction. However, its legalization and use in several states have shown that from the standpoint of its benefits, opportunities, costs and risks (BOCR) the overall decision should be to legalize it in our greater society. This is an elementary application of the Analytic Hierarchy Process to analyze that decision that is now before Congress for action.
Keywords: BOCR, AHP, Applications, Analytic Hierarchy Process, Benefits-Opportunities-Costs-Risks