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Development of a quantitative model for decision making in sustainable development (SD)

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conference contribution
posted on 2017-12-06, 00:00 authored by Vineet Varma, Gopinath Chattopadhyay
Sustainable Development (SD) addresses the challenges by meeting the needs of the present generation without compromising the needs of future generations. Due to the changing nature and the increasing complexity of the modern economy, the consequences of future developments and interventions by governments are generally difficult to perceive and to incorporate into policy making. A framework has been proposed in this paper to consider economic, social, environmental aspects and quality of life. Many of the decision variables are qualitative and subjective. Researchers agree that it is important to quantify these variables for policy decisions in areas such as, the Energy Trading Scheme (ETS), economic and social challenges. A quantitative model is proposed to integrate these issues in a meaningful way for helping decision makers to take short-medium-long term decisions on SD covering the entire value stream.


Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)


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Gold Coast, Australia


Australian Society for Operations Research Inc.

Place of Publication

Brisbane, Qld.

Peer Reviewed

  • Yes

Open Access

  • No

External Author Affiliations

Faculty of Sciences, Engineering and Health; Institute for Resource Industries and Sustainability (IRIS); International Intelligent Logistics System Conference (5th : 2009 : Gold Coast, Australia) [electronic resource]; National Conference;

Era Eligible

  • Yes

Name of Conference

Australian Society for Operations Research. National Conference;International Intelligent Logistics System Conference

Parent Title

Making the future better by operations research : 20th National Conference of Australian Society for Operations Research incorporating the 5th International Intelligent Logistics System Conference, Holiday Inn, Surfers Paradise, Gold Coast, Australia, 27th - 30th September, 2009