A Reference Point Approach to Nonlinear Macroeconomic Multiobjective Models

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/1879 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/1879 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/1879 archive 351 disk0/00/00/18/82 2016-01-15 01:50:55 2021-08-27 17:10:42 2016-01-15 01:50:55 monograph show 2 Grauer M. AL0713 Zalai E. AL1630 A Reference Point Approach to Nonlinear Macroeconomic Multiobjective Models pub iis_mod iis_met iis_ecn prog_sds Programming-type multisectoral macroeconomic planning models are almost exclusively linear. Also, they often rely on traditional approaches such as sensitivity analysis and aggregated social welfare functions in their treatment of multiple conflicting objectives. In this paper the traditional linear programming framework is extended to handle nonlinear models and combined with an adaptive interactive decision support system to deal with multiple objectives. The decision support system is based on the reference point method. Results obtained from a simplified model of the Hungarian economy provide a numerical illustration of the approach, and an appendix containing an analysis of the shadow prices derived from the linear and nonlinear planning models is also given. 1982-12 published WP-82-134 WP-82-134 1921 2649 public working_paper IIASA, Laxenburg, Austria 42 FALSE info:eu-repo/semantics/book