| Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-Objective Optimization 2004 Edition Contributor(s): Brauers, W. K. (Author) |
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ISBN: 1461348242 ISBN-13: 9781461348245 Publisher: Springer OUR PRICE: $161.49 Product Type: Paperback - Other Formats Published: December 2013 |
| Additional Information |
| BISAC Categories: - Business & Economics | Development - Sustainable Development - Business & Economics | Operations Research - Business & Economics | Finance - General |
| Dewey: 330.015 |
| Series: Nonconvex Optimization and Its Applications |
| Physical Information: 0.74" H x 6.14" W x 9.21" (1.10 lbs) 342 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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 to reconcile 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 replacement of old industry, pre- and post-evaluation of projects, performance management, marketing and distribution. |