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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 |
URL | http://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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