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Modeling and Solving Alternative Financial Solutions Seeking

Author

Listed:
  • Emmanuel Frenod

    (LMBA, INRIA Nancy - Grand Est / IECN / LSIIT / IRMA)

  • Jean-Philippe Gouigoux

    (LMBA)

  • Landry Tour'e

    (LMBA)

Abstract

In this paper we build a method to optimize Multi-Year Prospective Budgets. First we present a systemic model of Local Community Finances. Then, from two acceptable Multi-Year Prospective Budgets the method implements a Genetic Algorithm to generate a collection of admissible Multi-Year Prospective Budgets among which Decision-Makers can choose. The method is tested on simplified cases and on in operational situation and gives satisfactory results.

Suggested Citation

  • Emmanuel Frenod & Jean-Philippe Gouigoux & Landry Tour'e, 2013. "Modeling and Solving Alternative Financial Solutions Seeking," Papers 1306.2820, arXiv.org, revised Dec 2013.
    • Handle: RePEc:arx:papers:1306.2820
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    References listed on IDEAS

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    1. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64(5), pages 416-416.
    2. Kirill Ilinski, 1997. "Physics of Finance," Papers hep-th/9710148, arXiv.org.
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