Optimization Methods for a Stakeholder Society
Subtitle: A Revolution in Economic Thinking by Multi-Objective Optimization
Publisher: Springer
Published: 2013
Language: eng
Number of pages: 342
ISBN-13: 9781461348245
Subjects: Economic policy, mathematical models; Management; Decision making, mathematical models; Mathematical optimization; Nonlinear programming
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.