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2018 | OriginalPaper | Chapter

Metaeconomic Approaches in Global Management

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Abstract

The metaeconomic approaches in management (MEM) are directly interconnected with modern multiple criteria assessment techniques and important for managing the sustainable socioeconomic development, evaluating the competitiveness risk and sophisticated neuromethods in finance investing etc. In particular, new MEM approaches to global talent competitivity permit to apply them productively as criteria for distributing investments in knowledge and competencies with account of synergetic motivation. For this purposes the taxonomical structurization of the MEM was reviewed. The social criteria and tasks may be arranged with account of changing normative (or minimax) functions detailing admitted hierarchies of preferences at various periods of development. Some specific MEM concepts, including utility functions and multicriteria scoring, are widely applied by the WEF, INSEAD and/or international assessments of global competitiveness, global innovations, IT, and global talents and/or indices, also in financial analytics.
The taxonomic ranking of priorities in the multipurpose economic imitation of social preferences presupposes the weighed comparability of criteria functions on the qualitatively different levels—determining the alternatives of optimization, also multicriteria dynamic equilibrium, and the preferable managerial strategies. The stochastic network modelling of universal socioecological sustainability for country’s economic development by matching development interests, disposable resources’ allocation, and/or characteristics of complex adaptive systems can be recommended as a productive approach to intellectual management practice. The MEM becomes esp. significant when formulating the activities’ aim hierarchies or choosing the optimization criteria, the restrictions, and taxonomy of sustainable development preferences.

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Footnotes
1
UTADIS, i.e. criteria aggregation (incl. a set of utility thresholds) with minimizing the classification error rate.
MgHD is programming procedures used to develop the alternatives classification models (with minimization of the misclassifications). TOPSIS—Technique for Order Preference by Similarity to Ideal Solution.
Also ELECTRE—Elimination and Choice Translating Reality Outrank relationship—can be mentioned between them.
 
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Metadata
Title
Metaeconomic Approaches in Global Management
Author
Antanas Buracas
Copyright Year
2018
DOI
https://doi.org/10.1007/978-3-319-70377-0_42