Detection and Restoration of Pareto Inefficiency

Part of the International Series in Operations Research & Management Science book series (ISOR, volume 141)


As discussed in Chapter 1, the main philosophy underlying goal programming is the Simonian theory of satisficing (Simon, 1957). This philosophy is implemented by the selection of a set of target levels by the decision maker to be achieved as closely as possible. However, goal programming, arising from the field of optimisation, also encompasses elements from the optimising philosophy. The solution to a goal programming is, mathematically speaking, either a single optimisation or a series of linked optimisations. The similarities and differences between the economic theories of optimising and satisficing are well documented (Byron, 2004).


Decision Maker Target Level Goal Programme Priority Level Pareto Efficiency 
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© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Logistics and Management Mathematics Group, Department of MathematicsUniversity of PortsmouthPortsmouthUK
  2. 2.College of Business Administration, Department of Quantitative Methods and Information SystemsKuwait UniversitySafatKuwait

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