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Mathematical Economics of Multi-Level Optimisation

Theory and Application

  • Book
  • © 1998

Overview

Part of the book series: Contributions to Economics (CE)

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Table of contents (8 chapters)

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About this book

Since there exists a multi-level policy making system in the market economies, choices of decision makers at different levels should be considered explicitly in the formulation of sectoral plans and policies. To support the hypothesis, a theoretical energy planning approach is developed within the framework of the theory of economic policy planning, policy systems analysis and multi-level programming. The Parametric Programming Search Algorithm has been developed. On the basis of this theoretical model, an Australian Energy Policy System Optimisation Model (AEPSOM) has been developed and is used to formulate an Australian multi-level energy plan.

Authors and Affiliations

  • Sustainable Economic Growth Program, Centre for Strategic Economic Studies, Victoria University of Technology, Melbourne, Australia

    Sardar M. N. Islam

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