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Optimization Methods for a Stakeholder Society - A Revolution in Economic Thinking by Multi-objective Optimization (Hardcover, 2004 ed.)
Loot Price: R4,621
Discovery Miles 46 210
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Optimization Methods for a Stakeholder Society - A Revolution in Economic Thinking by Multi-objective Optimization (Hardcover, 2004 ed.)
Series: Nonconvex Optimization and Its Applications, 73
Expected to ship within 12 - 17 working days
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Total price: R4,641
Discovery Miles: 46 410
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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.
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