Accession Number : AD0694920
Title : A MODEL OF ADMINISTRATIVE CHOICE IN THE SYSTEMS ANALYSIS ENVIRONMENT.
Descriptive Note : Research rept.,
Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CALIF
Personal Author(s) : Jones,Carl R.
Report Date : 10 JUN 1969
Pagination or Media Count : 34
Abstract : In this paper a mathematical model of governmental decisionmaker's problem of choice from a set of alternative cost-benefit streams is presented. The choice objects, costs, and benefits are considered to be defined physically/socially in time, in space, and by a state-of-nature. The decisionmaker's preferences with respect to costs and benefits are represented by a utility index of the standard type except that costs are assumed to be a disutility-causing entity. The set of alternatives from which choice is described is represented by a cost-benefit surface. The decision problem is formulated as a maximization problem. Decision rules are derived. Comparative statics results are given. (Author)
Descriptors : (*SYSTEMS ENGINEERING, MANAGEMENT PLANNING AND CONTROL), (*MANAGEMENT PLANNING AND CONTROL, DECISION MAKING), MATHEMATICAL MODELS, COSTS, COST EFFECTIVENESS, SOCIOLOGY, NUMERICAL ANALYSIS, ECONOMICS, BUDGETS, OPERATIONS RESEARCH
Subject Categories : Administration and Management
Distribution Statement : APPROVED FOR PUBLIC RELEASE