Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-Objective Optimization (Nonconvex Optimization and Its Applications, 73)
Год выпуска: 0 Автор: W. K. Brauers, Willem K. Brauers Издательство: Страниц: 0 ISBN: 1402076819
Описание
For both public and private managers, the book Optimization Methods for a Stakeholder Society is today's key to answer the problem of a sustainable development world. This world has to take into account the meaning of all stakeholders involved and has toreconcile a number of objectives, such as economic growth, employment and preservation of the ecosystem. Traditional methods, such as cost-benefit, are outmoded as they translate all these objectives into monetary costs, a materialistic approach. On the contrary, objectives have rather to stick to their own units, eventually indicators. The author is in favor of the use of nonlinear methods in multi-objective optimization. Therefore, several nonlinear approaches are proposed, illustrated with many applications from different fields such as: privatization in the public sector, regional versus national economic policy in a country, location of a seaport, arms procurement, industrialization of a developing country, updating or...
