Policy Optimization by Lexigographic Preference Ordering

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 is has good potential as a policy optimization method, its strengths being its ease of use and the quality of its results

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Year of publication:	2008
Authors:	Stork, Philip A. ; Viaene, Jean-Marie
Publisher:	[S.l.] : SSRN
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Policy Modeling, Vol. 14, No. 5, 1992 Volltext nicht verfügbar
Classification:	C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; D78 - Positive Analysis of Policy-Making and Implementation ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014220004