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Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-Objective Optimization (Nonconvex Optimization and Its Applications, 73)

Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-Objective Optimization (Nonconvex Optimization and Its Applications, 73)

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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 replacement of old industry, pre- and post-evaluation of projects, performance management, marketing and distribution. Audience: This volume is intended for both public and private managers and for researchers in the areas of applied mathematics, engineering, economics, operation research, decision and management sciences. It would also be useful for professionals and practitioners in the field of multioptimization.