Application of Elasticity Theory for Assessment of Social and Economic System Sustainability
- DOI
- 10.2991/aebmr.k.200324.131How to use a DOI?
- Keywords
- socio-economic system, sustainability, elasticity function, resource disturbances, regional project
- Abstract
The source of emergence of sustainability problems related to social and economic systems lies in factors of complexity and uncertainty. The presence of sufficient sustainability in the performance of social and economic objects characterizes effectiveness of adaptation mechanisms and their abilities in risks overcoming. In our opinion, sustainability assessment is possible on the basis of the theory of elasticity connected to adaptation potential formation. The article proposes and tests authors’ approach to social and economic systems sustainability assessment. The used criteria were as follows: functionals of difference or relation between real and ideal characteristics of system performance quality. To estimate connection between resource perturbations and deviations from program reference points of system development the elasticity functions were elaborated. They are derived by correspondent modification of production functions. Recommendations for ways of perfecting the mechanisms running programs of social and economic systems development on different levels are proposed.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Galina P. Litvintseva AU - Alexey I. Karpovich PY - 2020 DA - 2020/03/30 TI - Application of Elasticity Theory for Assessment of Social and Economic System Sustainability BT - Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019) PB - Atlantis Press SP - 707 EP - 712 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200324.131 DO - 10.2991/aebmr.k.200324.131 ID - Litvintseva2020 ER -