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Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-objective Optimization
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Optimization Methods for a Stakeholder Society: A Revolution in Economic Thinking by Multi-objective Optimization
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For both public and private managers, the book
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.