منابع مشابه
Rethinking optimality: eight concepts
Traditional concepts of optimality in economics, operations research and management sciences are characterized by maximizing (or minimizing) a single objective function, i.e., Max f(x) or Max U(J(x)) subject to constraints X. This usually explicates a unique solution x* subject to all x E X, i.e., considering only the decision alternatives Of options belonging to a fixed, constrained set. As a ...
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Multiple Criteria Decision Making (MCDM) is firmly rooted in an alternative concept of optimality where multiple (rather than single) criteria characterize the notion of “the best” (or optimal), as is prevalent in the areas of economics, engineering, management and business. These are often constrained problems where search for an optimal solution requires some form of evaluating criteria perfo...
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According to a frequently cited definition, economics is the study of " best use of scarce resources. " The definition is incomplete. " Second best " use of resources , and outright wasteful uses, have equal claim to attention. They are the other side of the coin. For our present purpose the phrase " best use of scarce resources " will suffice. However, each of the two nouns and two adjectives ...
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ژورنال
عنوان ژورنال: Human Systems Management
سال: 1996
ISSN: 1875-8703,0167-2533
DOI: 10.3233/hsm-1996-15101