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Journal of Business Economics and Management
Article . 2003 . Peer-reviewed
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OPTIMISATION OF GOVERNMENTAL DECISIONS

Authors: Uzulina, Ginta;

OPTIMISATION OF GOVERNMENTAL DECISIONS

Abstract

The report discusses the role of impact assessment and evaluation of governmental decisions. The main objective of report is to develop a statistical model for optimisation of the set of policy instruments. The Draft of Rural Development Plan is used as example in order to develop and test the statistical model for optimising the allocation and use of funds. The statistical model is developed like as a small software version for policy‐makers to evaluate critical decisions. The statistical decision making theory is used in seeking solutions to optimise the choice of governmental decisions. The functions of losses or gains are defined on the basis of statistical data in two levels ‐ macroeconomic level and microeconomic level. In the statistical model the principles of the subjective probability are also applied in the case of unreliable and unavailable information.

Keywords

decision analysis, HF5001-6182, government, Business, strategic planning, optimal decision

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    influence
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold