Mathematical Economics of Multi-Level Optimisation: Theory and Application

Islam, Sardar M.N.

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.

Details

Published by: Physica

Publication Date: 1997-11-06

Format: Paperback

ISBN-10: 9783790810509

ISBN-13: 9783790810509

DOI: 10.1007/978-3-642-49949-4

Dimensions: 229cm x152cm

Pages: 284