MULTI-OBJECTIVE OPTIMIZATION OF REGIONAL BUDGET ALLOCATION BASED ON NSGA-II WITH FAIRNESS CONSTRAINTS
Abstract. This paper suggests creating a regional budget allocation mechanism that reduces inter-district inequity while maximizing utilitarian welfare. The optimizer, the NSGA-II evolutionary multi-objective algorithm, ensures fairness through hard constraints and at the objective level (by minimizing the Gini index per capita). In order to eliminate inter-district inequality with little loss of utility, the authors […]
OPTIMIZATION OF REGIONAL BUDGET ALLOCATION THROUGH A NON-ZERO-SUM GAME MODEL
Abstract. In this paper, a non-zero-sum game model for budget allocation is developed that takes into account the interests of three participants: citizens of the region (through voting), maslikhats (through taking into account the strategic goals of regional development) and businesses (focused on return on investment). In contrast to conventional linear models, this method uses […]