Models of Hierarchial Control in Ecological-Economic Systems

In this paper, we describe a model for risk management consisting of two submodels: a submodel for efficiency assessment and a submodel for risk assessment of a system and its concrete definition for hierarchical systems. We suggest statements of problems for the management of complex systems that h...

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Bibliographic Details
Published in:Journal of mathematical sciences (New York, N.Y.) N.Y.), 2016-08, Vol.216 (5), p.612-626
Main Authors: Gorelik, V. A., Zolotova, T. V.
Format: Article
Language:English
Subjects:
Analysis
Economic systems
Mathematics
Mathematics and Statistics
Risk assessment
Online Access:Get full text
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Summary:In this paper, we describe a model for risk management consisting of two submodels: a submodel for efficiency assessment and a submodel for risk assessment of a system and its concrete definition for hierarchical systems. We suggest statements of problems for the management of complex systems that have a hierarchical structure and function under conditions of intrasystem uncertainty. For models of ecological-economic systems of regional and corporate type, we propose management arrangements that allow reconcile interests of subsystems and thus avoid the decentralization risk.
ISSN:1072-3374
1573-8795
DOI:10.1007/s10958-016-2922-y