Constructing Scalar-Valued Objective Functions

Proceedings of the Third International Conference on Econometric Decision Models: Constructing Scalar-Valued Objective Functions University of Hagen Held in Katholische Akademie Schwerte September 5–8, 1995

  • Andranik Tangian
  • Josef Gruber
Conference proceedings

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 453)

Table of contents

  1. Front Matter
    Pages I-VIII
  2. Opening addresses

  3. Keynote address

    1. Front Matter
      Pages 23-23
  4. Axiomatic foundations

    1. Front Matter
      Pages 39-39
    2. Andrey V. Malishevski
      Pages 41-52
    3. Vladimir I. Danilov, Alexander I. Sotskov
      Pages 53-63
  5. Collective objective functions

  6. Practical construction of objective functions

  7. Welfare functions and consumer demand

  8. Back Matter
    Pages 299-300

About these proceedings


For several decades, scholars have developed methods for solving optimization problems which emerge in economics, econometrics, operations research, and other disciplines. A considerable effort has been made to construct equations from which constraints can be derived, but surprisingly little has been done to construct the other part of optimization models: the scalar-valued objective function, the constrained maximum or minimum of which gives the optimal solution. The given volume is intended to attract attention to the problem, to present the major achievements in the field and to stimulate further research and teaching.


Entscheidungsmodelle Operation Research Optimierung Zielfunktionen decision models econometrics objective functions operations research optimization Ökonometrie

Editors and affiliations

  • Andranik Tangian
    • 1
  • Josef Gruber
    • 1
  1. 1.Fachbereich WirtschaftswissenschaftFernuniversität HagenHagenGermany

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 1997
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-63061-6
  • Online ISBN 978-3-642-48773-6
  • Series Print ISSN 0075-8442
  • Buy this book on publisher's site
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