Multi-objective Optimal Public Investment: An Extended Model and Genetic Algorithm-Based Case Study

  • Lei Tian
  • Liyan Han
  • Hai Huang
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 4431)

Abstract

Under the multi-region and multi-sector consideration, the previous double-objective optimal public investment model is extended to involve optimal employment rate objective and time-flow total income maximization objective first. Then genetic algorithm is applied to solve the multi-objective model. Finally a case study is carried out to verify the superiority of the genetic algorithm-based solution to traditional public investment distribution approach.

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Copyright information

© Springer Berlin Heidelberg 2007

Authors and Affiliations

  • Lei Tian
    • 1
  • Liyan Han
    • 1
  • Hai Huang
    • 2
  1. 1.School of Economics and Management, Beihang University, Beijing 100083P.R. China
  2. 2.School of Computer Science and Engineering, Beihang University, Beijing 100083P.R. China

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