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
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DOI - Digital Object Identifier
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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
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
IN - Informatics
OECD FORD branch
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Result continuities
Project
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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
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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
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EID of the result in the Scopus database
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