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Optimal age-specific election policies in two-level organizations with fixed size

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  • Gustav Feichtinger
  • Andrey Krasovskii
  • Alexia Prskawetz
  • Vladimir Veliov

Abstract

Many organizations—faculties, firms, political bodies, societies, national academies—have recently been faced with the problem of aging. These trends are caused by increasing longevity of the members of these organizations as well as a lower intake at younger ages. The aging problem is particularly pronounced in organizations of fixed size, where no dismissal due to age (up to a statutory “retirement” age) is acceptable. Attenuating the aging process in a fixed-size organization by recruiting more young people leads to another adverse effect: the number of recruitments will decline, so the chances to be recruited decrease. For multi-level organizations transition flows between the levels and recruitment at different levels complicate the aforementioned problems. In this paper we present a methodology that can help design election policies based on different objective functions related to the age structure and size of two-level organizations, without compromising too much the already established election criteria. Technically, this methodology is based on multi-objective optimization making use of optimal control theory. The current election policies for both full and corresponding members of the Austrian Academy of Sciences constitute the benchmark with which we compare our results based on alternative objective functions. Copyright Springer-Verlag 2012

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  • Gustav Feichtinger & Andrey Krasovskii & Alexia Prskawetz & Vladimir Veliov, 2012. "Optimal age-specific election policies in two-level organizations with fixed size," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 20(4), pages 649-677, December.
    • Handle: RePEc:spr:cejnor:v:20:y:2012:i:4:p:649-677
    DOI: 10.1007/s10100-011-0197-4
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    References listed on IDEAS

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    Cited by:

    1. Gustav Feichtinger & Dieter Grass & Maria Winkler-Dworak, 2020. "The mathematics of ageing:," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 28(2), pages 371-399, June.

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