Multisectorial, multivariable, multicriteria stohastic optimization models system

Authors

DOI:

https://doi.org/10.3846/bm.2014.104

Keywords:

multisectoral, multicriterial, stochastic optimization, globalization

Abstract

The multisectorial multivariable multicriterial stochastic optimization model system is an adaptive system of stochastic dependencies, which integrates the following items, formed in time and in uncertainty: intersector connections, multifactorial dependencies describing the connection between the producible volume of sector product or service and factors governing the sector creative potential; functions of integral scientific knowledge, innovation and technology cluster both when forming the creative powers of the sector and the whole multisectorial system and when serving as an adaptive complex system technology; analytic mechanism defining rational import-export proportions. Making use of statistical data, the system of models was adopted for the analysis of the situation of Lithuanian economic development. Evaluations are presented in a three-dimensional space of efficiency, reliability and risk. The advantages of the proposed system are discussed within the context of coordination of regional economic development and globalization processes, as well as conflicts arising within the economy.

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Published

2014-01-01

Conference Event

Section

Intelligent Investment Strategy for Universal Sustainability Development