Multi-objective programming methodology for solving economic diplomacy resource allocation problem
Economic diplomacy is an important prerequisite for achieving the economic goals of any country. The issue is worth analysing from several aspects. Since there is a lack of literature in the field, this paper may be one of the first steps in this direction. It focuses on a clear exposition and expla...
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Online Access: | https://hrcak.srce.hr/file/324150 |
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doaj-dbae9cc9af214f0a9f5577ef42a33f672020-11-25T00:17:26ZengCroatian Operational Research SocietyCroatian Operational Research Review1848-02251848-99312019-01-0110116517410.17535/crorr.2019.0015222119Multi-objective programming methodology for solving economic diplomacy resource allocation problemDanijel Mlinarić0Tunjo Perić1Josip Matejaš2Faculty of Economics and Business, University of Zagreb, Zagreb, CroatiaFaculty of Economics and Business, University of Zagreb, Zagreb, CroatiaFaculty of Economics and Business, University of Zagreb, Zagreb, CroatiaEconomic diplomacy is an important prerequisite for achieving the economic goals of any country. The issue is worth analysing from several aspects. Since there is a lack of literature in the field, this paper may be one of the first steps in this direction. It focuses on a clear exposition and explanation of multi-objective programming methodology and its connection with economic diplomacy at the micro-level. This connection is achieved by constructing a model that optimises funds allocation for economic diplomacy costs. The model uses multi-objective programming methodology and takes into account the relevant economic diplomacy funding determinants. It defines measurements of criteria, budget limitation, efficiency maximization, and location. The application of the model is illustrated by a numerical example.https://hrcak.srce.hr/file/324150 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Danijel Mlinarić Tunjo Perić Josip Matejaš |
spellingShingle |
Danijel Mlinarić Tunjo Perić Josip Matejaš Multi-objective programming methodology for solving economic diplomacy resource allocation problem Croatian Operational Research Review |
author_facet |
Danijel Mlinarić Tunjo Perić Josip Matejaš |
author_sort |
Danijel Mlinarić |
title |
Multi-objective programming methodology for solving economic diplomacy resource allocation problem |
title_short |
Multi-objective programming methodology for solving economic diplomacy resource allocation problem |
title_full |
Multi-objective programming methodology for solving economic diplomacy resource allocation problem |
title_fullStr |
Multi-objective programming methodology for solving economic diplomacy resource allocation problem |
title_full_unstemmed |
Multi-objective programming methodology for solving economic diplomacy resource allocation problem |
title_sort |
multi-objective programming methodology for solving economic diplomacy resource allocation problem |
publisher |
Croatian Operational Research Society |
series |
Croatian Operational Research Review |
issn |
1848-0225 1848-9931 |
publishDate |
2019-01-01 |
description |
Economic diplomacy is an important prerequisite for achieving the economic goals of any country. The issue is worth analysing from several aspects. Since there is a lack of literature in the field, this paper may be one of the first steps in this direction. It focuses on a clear exposition and explanation of multi-objective programming methodology and its connection with economic diplomacy at the micro-level. This connection is achieved by constructing a model that optimises funds allocation for economic diplomacy costs. The model uses multi-objective programming methodology and takes into account the relevant economic diplomacy funding determinants. It defines measurements of criteria, budget limitation, efficiency maximization, and location. The application of the model is illustrated by a numerical example. |
url |
https://hrcak.srce.hr/file/324150 |
work_keys_str_mv |
AT danijelmlinaric multiobjectiveprogrammingmethodologyforsolvingeconomicdiplomacyresourceallocationproblem AT tunjoperic multiobjectiveprogrammingmethodologyforsolvingeconomicdiplomacyresourceallocationproblem AT josipmatejas multiobjectiveprogrammingmethodologyforsolvingeconomicdiplomacyresourceallocationproblem |
_version_ |
1725379842986213376 |