Optimization Methods for a Stakeholder Society - A Revolution in Economic Thinking by Multi-objective Optimization

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.

Summary

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.

Product details

• Authors: W K Brauers, W. K. Brauers, W.K. Brauers, Willem K. Brauers
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 22.04.2014
• EAN: 9781461348245
• ISBN: 978-1-4613-4824-5
• No. of pages: 342
• Weight: 545 g
• Illustrations: X, 342 p.
• Series: Nonconvex Optimization and Its Applications; Nonconvex Optimization and Its Applications
• Subjects: Social sciences, law, business > Business; Operations Research, C, Optimization, Finance, Finance, general, Operations Research/Decision Theory, Operations Research and Decision Theory, Pollution & threats to the environment, Pollution, Mathematics and Statistics, Financial Economics, Management decision making, Management science, Air pollution, Atmospheric Protection/Air Quality Control/Air Pollution, Decision Making, Mathematical optimization