Naslov
Multi-objective programming methodology for solving economic diplomacy resource allocation problem

Autori
Mlinarić, Danijel ; Perić, Tunjo ; Matejaš, Josip

Izvornik
Croatian operational research review (1848-0225) 10 (2019), 1; 165-174

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
economic diplomacy ; resource allocation ; multi-objective programming

Sažetak
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.

Izvorni jezik
Engleski

Znanstvena područja
Matematika, Ekonomija

POVEZANOST RADA