Author: Bodo Glaser Publisher: Springer Science & Business Media ISBN: 9783540439066 Category : Business & Economics Languages : en Pages : 268
Book Description
This book develops and analyzes dynamic decision models (DDM) with one trajectoral objective according to the methodology of multi-criteria decision making (MCDM). Moreover, DDMs which concomitantly pursue multiple objectives are analyzed, with special emphasis given to hybrid models with scalar and trajectorial objectives as well as models with multiple trajectorial objectives. Introducing the method of distance maximization crucially augments MCDM and proves to be invaluable for DDMs with nonexistent utopia trajectory or with sustainability as objective. The notions of efficiency and sustainability are formally developed and counterposed by means of the construct of trajectorial objective, which is presented here, along with its implications, as a natural advance upon the classical scalar objective.
Author: Bodo Glaser Publisher: Springer Science & Business Media ISBN: 3642561004 Category : Business & Economics Languages : en Pages : 257
Book Description
To all who taught me, and to all who will. Over the past fifteen years the notions of efficiency and sustainability have, more than any others, influenced the academic and public discussion concerning the intertemporal allocation of resources, especially as regards the economics of growth and environment. This treatise formally develops and counterposes these notions by means of the construct of a trajectorial objective, which is here developed, along with its implications, as a natural advance upon the classical scalar objective. In the course of this study it becomes clear that efficiency and sustainability are by no means identical, given that efficiency, on the one hand, is the concept for avoiding wasteful behavior, and sustainability, on the other, is the concept for ensuring that certain critical aspiration levels, which usually reflect the wish for survival, are maintained. Nonetheless, contrary to what may be assumed, these two concepts do not generally yield mutually exclusive solutions; in fact, they can be combined to complement each other in the quest for unimprovable long-term solutions which sustain given and necessary aspiration levels. This treatise develops and analyzes dynamic decision models (DDM) with one trajectorial objective according to the methodology of multi criteria decision making (MCDM). Moreover, introducing the method of distance maximization crucially augments MCDM and proves to be invaluable for DDMs in the case of a nonexistent utopia trajectory as well as in the case of sustainability as objective.
Author: Chatterjee, Prasenjit Publisher: IGI Global ISBN: 1522585818 Category : Technology & Engineering Languages : en Pages : 360
Book Description
Sustainability issues have gained more importance in contemporary globalization, pushing decision makers to find a systematic mathematical approach to conduct analyses of this real-world problem. The growing complexity in modern social-economics or engineering environments or systems has forced researchers to solve complicated problems by using multi-criteria decision-making (MCDM) approaches. However, traditional MCDM research mainly focuses on reaching the highest economic value or efficiency, and issues related to sustainability are still not closely explored. Advanced Multi-Criteria Decision Making for Addressing Complex Sustainability Issues discusses and addresses the challenges in the implementation of decision-making models in the context of green and sustainable engineering, criteria identification, quantification, comparison, selection, and analysis in the context of manufacturing, supply chain, transportation, and energy sectors. All academic communities in the areas of management, economics, business sciences, mechanical, and manufacturing technologies are able to use, apply, and implement the models presented in this book. It is intended for researchers, manufacturers, engineers, managers, industry professionals, academicians, and students.
Author: Gerardo Marletto Publisher: Routledge ISBN: 0415610761 Category : Business & Economics Languages : en Pages : 290
Book Description
This book is designed for those scholars, students, policy-makers - or just curious readers - who are looking for heterodox thinking on the issue of environmental economics and policy. Contributions to this book draw on multiple streams of institutional and evolutionary economics and help build an approach to environmental policy that radically diverges from mainstream prescriptions. Institutions and technologies - and not only markets - are at the heart of a systemic and dynamic analysis of those structural changes which are needed to create a sustainable economy. Actors for change - and their ability to influence politics and policy - are explicitly taken into consideration. These issues are analyzed from different viewpoints by contributors to the book: some focus on behavior and institutions, others analyze the interaction of economic and technological dynamics; some provide sectoral case studies and others have the ambition to provide the reader with an overall picture. But all authors view environmental policy as a combination of actions that can trigger - and make viable - those structural changes which are needed to reach sustainability.
Author: Euston Quah Publisher: Springer ISBN: 9789811592867 Category : Business & Economics Languages : en Pages : 467
Book Description
The primary aim of this reference volume is to provide an accessible and comprehensive review of current methods used to address resource evaluation and environmental as well as climate issues, and in a manner easily understood by decision-makers and the non-economists interested in environmental policy matters. Theoretical insight and empirical observations from various countries will be presented and recommendations on sustainable environmental decision-making will be given. Natural resource managers, environmental and climate decision-makers, government policy makers, and economics scholars will all find this volume to be an essential reference.
Author: Emiel F. M. Wubben Publisher: Edward Elgar Publishing ISBN: 9781782543978 Category : Business & Economics Languages : en Pages : 168
Book Description
Drawing together the fields of environmental economics, environmental regulation and strategic management, this study discusses the question of environmental performance versus corporate practices and finds that environmental considerations can have a positive effect on business.
Author: Klaus Mathis Publisher: Springer Science & Business Media ISBN: 9400718691 Category : Law Languages : en Pages : 250
Book Description
Fifty years after the famous essay “The Problem of Social Cost” (1960) by the Nobel laureate Ronald Coase, Law and Economics seems to have become the lingua franca of American jurisprudence, and although its influence on European jurisprudence is only moderate by comparison, it has also gained popularity in Europe. A highly influential publication of a different nature was the Brundtland Report (1987), which extended the concept of sustainability from forestry to the whole of the economy and society. According to this report, development is sustainable when it “meets the needs of the present without compromising the ability of future generations to meet their own needs”. A key requirement of sustainable development is justice to future generations. It is still a matter of fact that the law as well as the theories of justice are generally restricted to the resolution of conflicts between contemporaries and between people living in the same country. This in turn raises a number of questions: what is the philosophical justification for intergenerational justice? What bearing does sustainability have on the efficiency principle? How do we put a policy of sustainability into practice, and what is the role of the law in doing so? The present volume is devoted to these questions. In Part One, “Law and Economics”, the role of economic analysis and efficiency in law is examined more closely. Part Two, “Law and Sustainability”, engages with the themes of sustainable development and justice to future generations. Finally, Part Three, “Law, Economics and Sustainability”, addresses the interrelationships between the different aspects.
Author: Michael J. Driver Publisher: iUniverse ISBN: 1583480056 Category : Business & Economics Languages : en Pages : 294
Book Description
The insights offered in this book are intended to guarantee the reader a more successful career. It is written especially for managers and executives whose jobs require managing people successfully, but it is also written for anyone who must make decisions that involve other people. The authors discuss the decision styles and habits that people form and how to change decision-making habits where necessary. The models and techniques for decision making presented here have been used throughout the world in all kinds of businesses and government agencies. Decision style concepts can benefit anyone, from a new management trainee or MBA student to the CEO of a large firm.
Author: René Jorna Publisher: Routledge ISBN: 1351280341 Category : Business & Economics Languages : en Pages : 407
Book Description
HOW SUSTAINABLE IS INNOVATION? Problematically, most contemporary patterns of innovation in human social systems and organisations are not sustainable. This prevents people from learning effectively, from recognising and solving their problems, and from operating in sustainable ways. It is arguably why societies, businesses and industries around the world are so unsustainable. Sustainable innovation is a pattern of social learning and problem-solving that is, itself, sustainable. The sustainability of innovation, moreover, is linked to the sustainability of its outcomes, which manifest themselves in what people produce and do in the world. Sustainable innovation, then, is a necessary precondition for sustainability in how societies and organisations function – the ways they organise, the products and services they make, the energy and resources they use, and the wastes they produce. As challenges such as demographic pressures, ethnic tensions, terrorism, global poverty, pandemics and abrupt climate change force their way into mainstream politics and business, so we see growing interest in innovation, entrepreneurial solutions and, critically, issues such as how to ensure successful solutions replicate and scale. Sustainable Innovation aims to illustrate that shift. Instead of simply focusing on environmental and technological matters, it views and evaluates innovation-for-sustainability in terms of the human, social and management challenges and responses. It argues that a just, efficient and sustainable balancing of these elements is best achieved by the development of new knowledge, and by the evolution of better means both of embedding that emerging knowledge in organisations and institutions, and of managing the relevant flows of information, knowledge and wisdom. The book stresses that claims that a particular product, production process or service are sustainable usually assume that an appropriate balance has been achieved between people, planet and profit. However, calculating the sustainability of such things, let alone of complex systems such as enterprises or economies, can be impossible. Instead of "sustainability", the book favours the use of terms such as "making sustainable", emphasising that in dynamic operating environments organisational processes are changing constantly, whether or not they are under effective strategic control by management. Innovation, too, is dynamic by definition. Sustainable Innovation argues that there must be a constant focus on the triple bottom line of economic, social and environmental value creation during the innovation process. Sustainable innovation is a new challenge for organisations. It is a process that should permeate the whole organisation, in terms of its members, its tasks, its coordination mechanisms and its procedures. Waste or pollution should not be seen as the reason for further intervention downstream, but as an end-of-the-pipe effect, which could be organisationally cured upstream. Developed from the Dutch research programme "Knowledge Creation for Sustainable Innovation", this book presents empirical research and cases to develop a theory of sustainable innovation that is based on management of knowledge, knowledge and cognition and innovation approaches. Sustainable Innovation suggests that knowledge and innovation will be the key drivers of social and corporate sustainability in the years ahead. It will be essential reading for managers and researchers in areas such as sustainability, innovation, knowledge management and organisational learning.
Author: Bodo Glaser
Author: Bodo Glaser
Author: Bodo Glaser
Author: Chatterjee, Prasenjit
Author: Gerardo Marletto
Author: Euston Quah
Author: Emiel F. M. Wubben
Author: Klaus Mathis
Author: Michael J. Driver
Author: René Jorna