“Stability of Pareto-Optimal Allocations of Resources to Activities”

Authors: Kåre M. Mjelde,
Affiliation: Det Norske Veritas (DNV)
Reference: 1986, Vol 7, No 3, pp. 155-159.

Keywords: No keywords

Abstract: A concept of stability is introduced for the Pareto-optimal solutions of a vector-valued problem of the allocation of resources to activities, and characterized by a property which is independent of uncertainties in the efficiency matrix of the allocations. Any feasible solution can be improved by cyclic shifts to give a stable Pareto-optimal solution. The resource allocation problem of the maximization of the sum of the utility returns from the activities and a problem with fuzzy resources and activities are shown to have stable Pareto-optimal solutions.

PDF PDF (421 Kb)        DOI: 10.4173/mic.1986.3.4

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  title={{Stability of Pareto-Optimal Allocations of Resources to Activities}},
  author={Mjelde, Kåre M.},
  journal={Modeling, Identification and Control},
  publisher={Norwegian Society of Automatic Control}