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POLICY OPTIMIZATION BY LEXICOGRAPHIC PREFERENCE ORDERING

delete1992-10-01
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PRE
AI
P
Philip A. Stork *
J
Jean‐Marie Viaene
DOI:10.1016/0161-8938(92)90035-Bdelete
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Abstract

Abstract

En 中文
A lexicographic preference ordering of policy objectives is used to define the policymaker's choice among alternatives. It is shown how the constrained multiple goal problem can be placed in a one-to-one relationship with multidimensional utility analysis. The method is applied to a model of the Dutch economy and it is shown that it has good potential as a policy optimization method, its strengths being its ease of use and the quality of its results.

Journal

Journal of Policy Modeling cover
Journal of Policy Modeling
IF:
3.1
Papers:
2.4K
Citations:
3.0K

Organization

No organization information available