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The possibilities of gaming simulation to support the adoption of a broad range of planned and operational decisions in the management of enterprises and corporations are considered. The capabilities developed to date tools game modeling and original approach based on a synthesis of basic concepts of game theory and operations research with the ideas analytical accounting, the strict definition of...
Globalizing changes in society are able to influence changes in the economies of individual countries. Individual economic entities from various sectors attempt to achieve high economic performance and development. They do this within the conditions that are possible at that time; if there are favorable conditions for their development, this will result in creating innovative production and its subsequent...
In the paper, existence and coalitional stability problems for Walras equilibrium in the models of multiregional economic systems are considered. Here, we continue investigations on extremal characterization of equilibrium allocations in non-classic market being a modification of the well-known Arrow-Debreu model. It is shown that strict autarchy and non-satiation conditions guarantee coincidence...
The importance of enterprise innovation risk management is constantly increasing, because it has influence on the company's leading positions, increasing its competitiveness in the domestic and international markets. It also helps to increase the economic and production potentials that are necessary to implement the innovative development strategy of the state as a whole. There are certain problems...
A multicriteria economic problem is considered: the basic production assets and the labor resources define a set of feasible solutions (alternatives); labor costs, costs of the basic production assets (to be minimized), and cost of the manufactured products (to be maximized) are objective functions. The production function with constant elasticity of substitution is used. The decision maker's (DM's)...
This paper focuses on examining how to develop and combine cost management, sustainability and emission reporting systems by utilizing Big Data. We provide evidence that shows how Big Data brings company-wide business benefits if data queries and interfaces are built to be interactive, intuitive and user friendly. Proper algorithm design and programming is a key factor in order to make the most of...
Land is one of the most important factors that affect the economic growth. Studying on the theory of the problem that how land consolidation acts on the economy and industrial development will become a new research field along with the widely development of land consolidation projects in national scope. The article studies how land consolidation impacts on the economic growth through the economic...
Whenever an electricity system fails to attend its demand, several impacts are verified, mainly economic and social costs. For the Brazilian Electricity Sector — BES these costs are called electricity deficit marginal cost and its discretization in steps are represented as a function named Cost of Deficit Function — CDF. In Brazil, optimization models are used for operating and planning the expansion...
The current economic and political situation is characterized by high level of instability and unpredictability, dynamic changes and large number of destabilizing factors. Mechanisms for sustainable development allow companies not only adjust to negative effects of the environment, but also to evolve continuously. From an economic point of view, the sustainable development concept is based on the...
The fast changings of climate going in the world put absolutely new problems before world economy and economies of the certain countries. Among economic sectors the agricultural industry can undergo to the most essential changes. Thereby conditions and production volumes of the food — a basis of existence and development of humanity can be transformed. Along with significant influence of climate change...
Despite the steady growth of investment in the innovative development of alternative energy, international experience shows that, despite all the achievements in the field of alternative energy, the share of electricity from renewable sources in the total volume is still relatively small. But if we take into account the technological and financial barriers associated with the transition to renewable...
Battery energy storage systems (BESS) offer the opportunity to match the energy supply from photovoltaic (PV) systems with the respective consumer load profile and thus significantly increase the share of self-consumption and the degree of autarky. The cost-optimal system design of PV BESS depends on a variety of parameters and is analyzed via a techno-economic modelling approach. This analysis focuses...
In this work, we are studying a basic economic system of producer agents situated in a 2D world and how it is affected by decisions to initiate war. We are considering survival wars and wars initiated by culturally inherited stress, pugnacity, perception of wealth inequality and greed, which is perception of intangible status inequality. We show through agent-based modelling that cultural evolution...
The product quality or the product reliability is bound to be affected by the pursuit of sustainable supply chain strategy, especially the restructure and operation of closed-loop supply chain and the reverse supply chain. This paper first proposes the concept of product effectiveness which builds on the reliability and the time-utility value of product. Then based on mathematical probability theory...
In the Internet age, application of the Internet has penetrated into people's daily life. It has a great influence on people's daily life and overturns people's traditional conception of thinking. Depending on the Internet's resources integration ability, Internet companies are rapidly rising and affect the traditional industry's core business. Many traditional enterprises have begun to transform...
SCGE models are ideal tool for modelling socioeconomic effects in a spatial manner. The current research is investigating this modeling methodology from the view of transportation and investigating the reciprocal cooperation possibilities with ITS systems. In this combined approach the main aims are to identify the different infrastructure and ITS development possibilities and their effects to set...
The promotion of renewable energy sources (RES) has been applied by policy makers to mitigate climate change and boost economic growth and employment. However, these positive impacts of RES deployment are controversial as some studies indicate that such positive effects may not occur. This study contributes to this discussion by investigating the impact of RES expansion on the Portuguese economy....
Procedure of formation of adaptive business process for management of efficiency of activity of the hi-tech enterprise as procedure of management of key indicators of efficiency of the business solution with use of a service-oriented technological platform of ERP system is presented in article.
This paper develops a Schumpeterian R&D growth model with endogenous directed technological change. The aim is to study the contributions of environmental policies to the production of ecological goods, when consumers are indifferent between ecological and dirty goods. By solving the transitional dynamics numerically and by removing the scale effects, it is shown that, through the price channel,...
The on-going paradigm shift in value creation (individualized production, co-creation experience, production networks etc.), initiated by new technologies: information and communication technologies (ICTs) as well as manufacturing technologies, results in new business models and, thus, changed organizational structures in economics. Furthermore, organizations in other societal subsystems are changing,...
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