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Optimization Methods for a Stakeholder Society

A Revolution in Economic Thinking by Multi-objective Optimization

  • Book
  • © 2004

Overview

Part of the book series: Nonconvex Optimization and Its Applications (NOIA, volume 73)

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Table of contents (27 chapters)

  1. Reference Point Theory a Method to Compare Until Now Incomparable Alternatives

  2. A multiplicative form for Multiobjective Optimization

  3. Ratio Analysis a Separate Method for Multiple Objectives Optimization?

Keywords

About this book

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.

Authors and Affiliations

  • Faculty of Applied Economics and Institute for Development Policy and Management, University of Antwerp, Belgium

    Willem K. Brauers

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