Last modified: 2015-04-07
Probabilistic Optimization in Environmental Politics
In this paper we provide an optimization methodology to deal with problems of incorporating ecological arrangements to new big industrial or transport constructions. The methodology relies on stochastic optimization, namely optimization with probabilistic (chance) constraints. We describe main features of the model, identify an uncertainty factors, and formulate the problem as a problem with stochastic constraints. To illustrate the introduced methodology we provide a simple example involving indicators of ecological stability.
Indicators of Ecological Stability; Uncertainty; Stochastic Optimization; Probabilistic Constraints
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