G2TT
来源类型Article
规范类型其他
Long-term and short-term targets: Conflict and reconciliation.
Kryazhimskiy AV
发表日期2013
出处Innovation and supply chain management 7 (1): 1-5.
出版年2013
语种英语
摘要We address the issue of a tradeoff between long- and short-term interests in economic management. Starting with an obvious observation that the actions targeted to long- and short-term goals are generally in conflict, we pass on to a less obvious satement that it is not an exceptional situation that a smart decision maker can reduce or even eliminate the conflict. We illustrate the statement by an informal analysis of a stylized model of management of an enterprise. We show that if the managers put enough effort in identification of the current-value shadow prices of the enterprise, their current short-term-optimal actions become non-distinguishable from the long-term-optimal ones.
主题Advanced Systems Analysis (ASA)
关键词Economic growth Shadow price Control theory
URLhttp://pure.iiasa.ac.at/id/eprint/10300/
来源智库International Institute for Applied Systems Analysis (Austria)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/129658
推荐引用方式
GB/T 7714
Kryazhimskiy AV. Long-term and short-term targets: Conflict and reconciliation.. 2013.
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