Metadata language
Raport Badawczy = Research Report ; RB/32/2016
Creator:Cichocki, Krzysztof ; Kruś, Lech
Publisher:Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences
Place of publishing: Date issued/created: Description:24 pages ; 21 cm ; Bibliography p. 22-23
Subject and Keywords:Optymalizacja wielokryterialna ; Multicriteria optimization ; Local government budget projection ; Prognoza budżetu samorządu terytorialnego ; Long-term financial planning ; Długoterminowe planowanie finansowe ; Satisficing behavior theory ; Zadowalająca teoria zachowania
Abstract:In this paper, a new computer supported method is developed for decision making regarding long-term financial planning by local government (LG). It includes the model describing financial flows and stock of the LG budget, enables formulation of long-term plans and their changes and helps formulate polices for safe long-term investment, debt and operating budget. Fiscal rules and budget liquidity are formulated as the model constraints. The method mirrors long-term thinking process and links long-term financial planning, performance measures and budgeting for results and outcomes. Numerical solutions are presented based on Polish LG data.
Relation:Raport Badawczy = Research Report
Resource type: Detailed Resource Type: Source: Language: Language of abstract: Rights:Creative Commons Attribution BY 4.0 license
Terms of use:Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -
Digitizing institution:Systems Research Institute of the Polish Academy of Sciences
Original in:Library of Systems Research Institute PAS
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