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Vector optimization technique in the problems of interaction between an enterprise and its counteragents

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  • Oleg Nikonov
  • Maksim Medvedev

Abstract

In the paper we consider the vector optimization problems connected with those of the choice of effective portfolios of the counteragents of an enterprise. In the first section the supply cost and risk of delay, both are to be minimized, are taken as criteria functions. The second section is devoted to optimization of the work of a bank with its customers by construction of an efficient portfolio of the bank instruments. The developing approach is methodologically related to that, which goes back to the paper by H. Markowitz, but considered for the objects different from those of financial market.

Suggested Citation

  • Oleg Nikonov & Maksim Medvedev, 2011. "Vector optimization technique in the problems of interaction between an enterprise and its counteragents," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 217-224.
    • Handle: RePEc:ura:ecregj:v:1:y:2011:i:3:p:217-224
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    References listed on IDEAS

    as
    1. Harry Markowitz, 1952. "Portfolio Selection," Journal of Finance, American Finance Association, vol. 7(1), pages 77-91, March.
    2. Shimon Awerbuch, 2006. "Portfolio-Based Electricity Generation Planning: Policy Implications For Renewables And Energy Security," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 11(3), pages 693-710, May.
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