Nova Publishers
My Account Nova Publishers Shopping Cart
HomeBooksSeriesJournalsReference CollectionseBooksInformationSalesImprintsFor Authors
            
  Top » Catalog » Journals » International Journal of Mathematics, Game Theory and Algebra » Volume 12 Issue 5 Articles » My Account  |  Cart Contents  |  Checkout   
Quick Find
  
Use keywords to find the product you are looking for.
Advanced Search
What's New? more
Fetal Alcohol Syndrome: Recognition, Differential Diagnosis and Long-Term Effects
$73.80
Shopping Cart more
0 items
Information
Shipping & Returns
Privacy Notice
Conditions of Use
Contact Us
Notifications more
NotificationsNotify me of updates to Game Theoretic Modeling of Hierarchical Control of Sustainable Development pp. 433-442
Tell A Friend
 
Tell someone you know about this product.
Game Theoretic Modeling of Hierarchical Control of Sustainable Development pp. 433-442 $100.00
Authors:  Guennady A. Ougolnitsky
Abstract:
The concept of sustainable development means that both economic development and ecological
equilibrium must co-exist in the practically infinite period of time. It is almost evident
and completely confirmed by experience that these conditions cannot be self-fulfilled and
require a permanent control providing the coordination of different incentives, objectives,
and criteria.
To formalize this idea it is proposed to use a concept of the hierarchically controlled
dynamic system (see [3]). The system consists of: a dynamic system of arbitrary nature; an
active subject (Follower) who can affect the dynamic system so that to maximize his payoff
function; another active subject (Leader) who knows the state of the dynamic system, tends
to provide some requirements concerning this state and to maximize his payoff function in
the same time, and can influence Follower’s payoff function and admissible values set (the
hypothesis of hierarchy).
This concept, as applied to the problem of sustainable development, has the following
interpretation. The controlled dynamic system is an ecological-economic system in which
some processes of production, resource extraction, and pollution are implemented. Follower
is an economic subject who maximizes his payoff function by means of some production
process. This process affects the environment and can imply different environmental damages.
Leader provides the conditions of sustainable development and may be interpreted as
an official agency (federal, regional, or local administration). Besides, Leader also has his
own payoff function (due to penalties, tax assignments, and so on). 


Available Options:
Version:
This Item Is Currently Unavailable.
Special Focus Titles
01.Violent Communication and Bullying in Early Childhood Education
02.Cultural Considerations in Intervention with Women and Children Exposed to Intimate Partner Violence
03.Chronic Disease and Disability: The Pediatric Lung
04.Fruit and Vegetable Consumption and Health: New Research
05.Fire and the Sword: Understanding the Impact and Challenge of Organized Islamism. Volume 2

Nova Science Publishers
© Copyright 2004 - 2020

Game Theoretic Modeling of Hierarchical Control of Sustainable Development pp. 433-442