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Self-Management Social Welfare Model

  • S. Petrović-Lazarević

Abstract

In this paper is considered the self-management social welfare model. Here the dynamic social welfare functional is applied by the method of least squares, when a difference exists between the plan’s determined regional utility functions and regional utility functions realized in time. In the model utility is interpreted as a quality measure of the individual who is at the same time a consumer, producer and self-management decision-maker.

Keywords

Social Welfare Econometric Model Individual Sector Management Economy Planning Organisation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© The World Organisation of General Systems and Cybernetics 1978

Authors and Affiliations

  • S. Petrović-Lazarević
    • 1
  1. 1.Civil EngineeringUniversity of BelgradeBeogradYugoslavia

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