Metadata language
Risk and utility of sustainable development
Subtitle:Raport Badawczy = Research Report ; RB/81/2003
Creator: Publisher:Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences
Place of publishing: Date issued/created: Description:8 pages ; 21 cm ; Bibliography p. 8
Subject and Keywords:Decision support ; Zarządzanie ryzykiem ; Negocjacje ; Risk management ; Utility ; Sustainable development ; Cooperation ; Join ventures ; Negotiation ; Globalization ; Benefits ; Fair division ; Wspomaganie decyzji ; Rozwój zrównoważony ; Globalizacja ; Współpraca ; Korzyści ; Sprawiedliwy podział
Abstract:The paper deals with evaluation of sustainable development by employing the concept of two factors utility of sustainable development (USD). The first factor represents the long-term expected profit of capital investment. The second factor represents the worst case profit necessary for survival of crises. Using the USD concept the support of cooperation of individuals and institutions in the era of globalization is analyzed. A theorem, on fair division of benefits, enables one to derive the best cooperation strategy and individual partner’s benefits in an explicit form. The methodology presented can be implemented in the form of a support system stimulating the matching of prospective partners (in exploitation of innovations and new technologies), which contributes to the economic growth and competiveness of national economy.
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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