Recent Theories and Applications for Multi-Criteria Decision-Making
Recent Theories and Applications for Multi-Criteria Decision-Making

Author: Aouadni, Sourour

Publisher: IGI Global

Published: 2024-11-01

Total Pages: 516

ISBN-13:

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In an increasingly complex world, decision-makers face the challenge of optimizing multiple conflicting objectives across various scenarios. Multi-Criteria Decision-Making (MCDM) techniques have emerged as essential tools for addressing these challenges and offer methods to evaluate alternatives and minimize subjectivity. As the landscape of MCDM evolves with new approaches such as fuzzy set theory, rough set theory, and neutrosophic set theory, decision-making in situations involving varied and complex data becomes more reliable and consistent. Recent Theories and Applications for Multi-Criteria Decision-Making explores the latest trends and innovations in this field. The book includes thought-provoking input from renowned researchers who cover case studies, real-world applications, challenges, and cutting-edge methodologies. It highlights the integration of advanced technologies such as AI, big data, and IoT with MCDM, while offering practical insights into strategic decision-making in today's digital age. This volume serves as a valuable resource for scholars, practitioners, and researchers keen to improve their decision-making capacity.

Economic Complexity and Human Development
Economic Complexity and Human Development

Author: Dominik Hartmann

Publisher: Routledge

Published: 2018-03-12

Total Pages: 249

ISBN-13: 1135118949

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This book combines the human development approach and innovation economics in order to explore the effects that structural economic change has on human development. While economic diversification can provide valuable new social choices and capabilities, it also tends to lead to more complex decision processes and changes to the set of capabilities required by people to self-determine their future. Within this process of structural transformation, social networks are crucial for accessing information and social support, but networks can also be a root cause of exclusion and inequality reproduction. This implies the need to encourage innovation and economic diversification beyond production expansion, focusing on the promotion of human agency and social inclusion. This book provides such a modern perspective on development economics, emphasizing the role of social networks, economic diversity and entrepreneurship for social welfare. The author discusses how innovation, social networks, economic dynamics and human development are interlinked, and provides several practical examples of social and micro-entrepreneurship in contexts as diverse as Peruvian rural villages and Brazil’s urban areas. The interdisciplinary perspective put forward in this book illustrates theoretical and methodological methods of exploring the complexity of development in a practical and relevant way. It also provides useful information about structural factors which need to be considered by practitioners when designing pro-poor growth policies. Furthermore, the coverage of the core concepts of innovation, networks and development economics, enriched with multiple examples, makes it a valuable resource for scholars and advanced students of modern development economics.

Capabilities, Innovation and Economic Growth
Capabilities, Innovation and Economic Growth

Author: Michele Capriati

Publisher: Routledge

Published: 2017-07-28

Total Pages: 251

ISBN-13: 131751291X

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The question of whether we can foster growth and innovation while promoting individual freedoms poses a challenge for everyone studying and working on innovation and development policies. Whilst innovation literature is largely dominated by a focus on efficiency, development literature tends to focus on equality and pays less attention to mechanisms fostering economic and social change. This book aims to move beyond these barriers and to identify development policies that foster both efficiency and equality, exploring the connection between innovation policies and the improvement of individual freedoms. Capabilities, Innovation and Economic Growth argues that we can answer these questions by focusing on the relation between Amartya Sen's human development approach and the Neo-Schumpeterian analysis of innovation systems. After considering the connections between the two schools of thought and the way they enrich each other's perspectives, chapters go on to show how policy can support virtuous circles in which innovation, human development and economic growth interact and mutually reinforce each other. This is undertaken through the descriptive analysis and the empirical testing of a sample of nations and European regions. The volume concludes with an exploration of the contribution that the capabilities approach can give to the design of innovation policy, and with the analysis of macroeconomic policies favorable to innovation and human development. This will be essential reading for: students and academic economists interested in development, growth and innovation; policy makers and officers in charge of defining development and innovation plans at national and regional level; and consultants and managers in development agencies implementing innovation and development projects.

The Atlas of Economic Complexity
The Atlas of Economic Complexity

Author: Ricardo Hausmann

Publisher: MIT Press

Published: 2014-01-17

Total Pages: 369

ISBN-13: 0262317737

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Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Public Health, Governance, Green Environment and Economy
Public Health, Governance, Green Environment and Economy

Author: Suleman Sarwar

Publisher: Frontiers Media SA

Published: 2024-11-07

Total Pages: 559

ISBN-13: 2832556892

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Sustainable economic growth is important due to its implications for the ecosystem, natural resources, and human development. Public health is also a key factor in developing a sustainable economy, and it is a national asset because of its impact on labor supply and productivity. Health conditions depend on various factors, such as environmental hazards, availability of public facilities, economic conditions, pandemics etc. Green energy has an association with health, as it guarantees a clean environment. Such measures are necessary to improve the public’s mental and physical health, leading to sustainable economic growth. Hence, green energy, governance, and health are the potential avenues to enhance public health, promoting sustainable economic growth.

Environmental Sustainability and Industries
Environmental Sustainability and Industries

Author: Pardeep Singh

Publisher: Elsevier

Published: 2022-06-03

Total Pages: 581

ISBN-13: 0323885810

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Environmental Sustainability and Industries identifies and discusses critical areas related to environmentally conscious industrial development of products and services that may support more sustainable and equitable societies. This book addresses pollution prevention by referring to the use of processes, practices, and materials that reduce or eliminate the generation of pollutants at the source of production, more efficient use of raw materials, energy, water or other resources, or by conserving natural resources by maintaining clean production. It explains industrial energy efficiency as the most cost-effective use of energy in manufacturing processes, reducing its wastage as well as the total consumption of primary energy resources. Life cycle assessment is used as an analytical method to quantify environmental impacts, focusing on environmental considerations concerning process design and optimization, and including various sustainable manufacturing parameters in the context of industrial processes and proposes a classification of identified parameters to evaluate and optimize the manufacturing performances. The book also dives into industrial ecology, investigating how, where, and why environmental improvements can be made to develop a sustainable industry, meeting the needs of current generations without sacrificing the needs of the future ones. This book analyzes a company's environmental, social, and economic performance and their interrelationships, emphasizing the importance of identifying and understanding causal relationships between alternative approaches to action and their impact on financial and nonfinancial performance. It concludes with a view on the future of sustainable industrial systems stressing change as a joint effort of scientists, governments, people in business, and academicians. - Offers compiled information on the environmental sustainability for industry - Provides principles and advanced trends and approaches for environmental sustainability for the industrial sector - Discusses established and emerging technologies and processes for sustainable approaches for industry - Presents the development in the use of the assessment models as a tool to support the research and applications of different sustainable technologies and processes

The Indian Economy @ 75
The Indian Economy @ 75

Author: Chatterjee Biswajit

Publisher: Taylor & Francis

Published: 2024-06-11

Total Pages: 524

ISBN-13: 1040039669

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This book focuses on the economic challenges India has been facing since its independence in 1947. It traces the country’s journey of economic transition and critically analyzes themes such as the political economy of development, agriculture, macroeconomy, industry and labor, money and finance, trade liberalization, gender, welfare, energy, and the environment. The volume also addresses the issues of increasing income inequality, mass unemployment, and environmental degradation and suggests policies for efficient and desirable outcomes in socio-economic development. This is an important and timely contribution that it will be of interest to scholars and researchers in economics, development studies, political economy, management studies, public policy, and political studies. It will also be useful to policymakers.

Growth in Sub-Saharan Africa
Growth in Sub-Saharan Africa

Author: Mr.Dhaneshwar Ghura

Publisher: International Monetary Fund

Published: 1995-12-01

Total Pages: 32

ISBN-13: 1451855753

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The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.

Export Product Quality, Renewable Energy, and Sustainable Production
Export Product Quality, Renewable Energy, and Sustainable Production

Author: Umer Shahzad

Publisher: Frontiers Media SA

Published: 2023-09-12

Total Pages: 518

ISBN-13: 2832534872

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Economic development has long been acknowledged for its beneficial effects on human well-being. In the context of economic globalization and vertical specialization, increasing the quality of export products is more critical and necessary to export success and sustainable development. The product's quality is inextricably linked to its manufacture and production, which need various types of energy and raw materials. Meanwhile, the adoption of more environmentally friendly and cleaner energy sources contributes to the achievement of sustainable production. Therefore, product quality may provide a new perspective from which to investigate the systematic relationship between greener and renewable energy sources, sustainable production and environmental regulations, as well as the nature of export competitiveness. Generally, export product quality has referred to the quality of manufactured products within the product lines. Quality refers to the relative price of a country's varieties within their respective product lines. Product sophistication assesses the composition of the aggregate exports. Different varieties of same product as per quality level are being produced by several developing and emerging economies. Within any given product line, quality converges both conditionally and unconditionally to the world's benchmark; increases in institutional quality and human capital are associated with faster quality upgrading. In turn, faster growth in quality is associated with more rapid output growth.