Abstract
OPTIMIZATION METHODS FOR A STAKEHOLDER SOCIETY Reviewed book: Willem K. Brauers. Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi‐objective Optimization. Boston / Dordrecht / London: Kluwer Academic Publishers, 2004.
Highlights
The purpose of this book is to optimize problems with different objectives, expressed in different units
Multi-optimization is applied in a multitude of diverse fields such as: privatization or non-privatization in the public sector, regional versus national economic policy, different locations of a seaport, different forms of arms procurement and of industrialization of a developing country, updating or replacement of old industry, pre- and post-evaluation of projects, performance management, marketing and distribution
The reader, who is especially interested in nonlinear methods for optimization with different independent objectives, could immediately start with: Part IV: Reference Point Theory, Part V: Multiplicative Representation and Part VI: Ratio Analysis for Multi-objective Utility
Summary
OPTIMIZATION METHODS FOR A STAKEHOLDER SOCIETY Reviewed book: Willem K. Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-objective Optimization. Boston / Dordrecht / London: Kluwer Academic Publishers, 2004. Dr at Faculty of Applied Economics and Institute for Development Policy and Management, University of Antwerp, Belgium. Title: OPTIMIZATION METHODS FOR A STAKEHOLDER SOCIETY: A REVOLUTION IN ECONOMIC THINKING BY MULTI-OBJECTIVE OPTIMIZATION
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