Title:

Management of local government finance in long-term; implementation of the satisficing behavior theory and multi-criteria optimization

Subtitle:

Raport Badawczy = Research Report ; RB/3/2015

Creator:

Cichocki, Krzysztof ; Kruś, Lech

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

2015

Description:

28 pages ; 21 cm ; Bibliography p. 26-28

Subject and Keywords:

Mathematical modeling ; Multicriteria optimization ; Satisficing behavior theory ; Local government finance management

Abstract:

In the paper, a new procedure of management and policy formulation is presented which mirrors long-term thinking process and scenario analysis by local government financial managers. The method offers an approach linking long-term financial planning, performance measures and budgeting for results and outcomes, and includes learning during implementation of the decision supporting procedure. The procedure is illustrated by numerical solutions based on Polish local government data.

Relation:

Raport Badawczy = Research Report

Resource type:

Text

Detailed Resource Type:

Report

Source:

RB-2015-03

Language:

eng

Language of abstract:

eng

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

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open