A model of administrative choice in the systems analysis environment
By: by C.R. Jones
Contributors: Naval Postgraduate School (U.S.)
Publisher: Naval Postgraduate School
Published: 1969
Place of publication: Monterey, California
Language: eng
Number of pages: 36
Subjects: System analysis; Mathematical models; Cost effectiveness; Decision making
Description: In this paper a mathematical model of governmental decisionmaker's problem of choice from a set of alternative cost-benefit streams is presented. The choice objects, costs, and benefits are considered to be defined physically/socially in time, in space, and by a state-of-nature. The decisionmaker's preferences with respect to costs and benefits are represented by a utility index of the standard type except that costs are assumed to be a disutility-causing entity. The set of alternatives from which choice is described is represented by a cost-benefit surface. The decision problem is formulated as a maximization problem. Decision rules are derived. Comparative statics results are given. (Author)
Notes: Title from cover.

"10 June 1969"--Cover.

"NPS-55JS9061A"--Cover.

Author(s) key words: Planning, programming & budgeting systems; systems analysis; cost-effectiveness studies; operations research; economics.

Includes bibliographical references (p. 29).

"Approved for public release; distribution unlimited"--Cover.

Technical report; 1969.

kmc/kmc 9/22/09.