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Implications of the quantisation of production factors

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11320%2F12%3A10126365" target="_blank" >RIV/00216208:11320/12:10126365 - isvavai.cz</a>

  • Alternative codes found

    RIV/26138077:_____/12:#0000303

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Implications of the quantisation of production factors

  • Original language description

    The current economic models which have been implemented over decades within the globalized world do not reflect enough the need for balancing the objective factum of limited resources and the key requirements of sustainable economy as represented by an optimal solution and fair distribution. In addition they tend to deal primarily with linear processes in permanently changing societies. The conditions in a society can never be the same and repeated as those in a laboratory. Practice as well as theory often includes situations where multiple ways to achieve a goal exists. These ways constitute what we recognize as admissible solutions whereas the best way, which may constitute a single way or multiple ways, is referred to as the optimal solution. The article proves that if there is an optimal solution to a problem, then each of its sub-optimal solutions incurs a loss, irrespective of whether a single optimal solution or several optimal solutions to the problem exist.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

  • CEP classification

    IN - Informatics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2012

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Acta Oeconomica Universitatis Selye

  • ISSN

    1338-6581

  • e-ISSN

  • Volume of the periodical

    1

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    SK - SLOVAKIA

  • Number of pages

    9

  • Pages from-to

    27-35

  • UT code for WoS article

  • EID of the result in the Scopus database