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Modeling of Economic and Social Processes Using Indexing Objective Functions
Sergey Amelkin
254 - 260
10.3233/978-1-60750-653-9-254
NATO Science for Peace and Security Series - E: Human and Societal Dynamics
Volume 75: Complex Societal Dynamics
Abstract

Problems of optimal control of economic and social systems can be divided in two levels. The first, internal level is to optimize behavior of agents in terms of their objective functions. The second, external level is to choose the objective functions of the agents. It is necessary to reach certain aims of the system. The resulting objective functions can be found in a class of indexing functions.

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