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Program planning refers to the process of selecting an integrated set of projects for implementation. Ultimately, decisions tend to be "political" in the sense that they involve compromises and tradeoffs among different interests, though the arguments may be couched in technical terms. Program...
Persistent link: https://www.econbiz.de/10009208527
Nonmarket resource allocation decisions require some means for generating information on relevant preferences. This is part of the role of a collective choice process. Implicit in the optimization techniques central to MS/OR is the assumption that makes collective choice equivalent to the...
Persistent link: https://www.econbiz.de/10009218426