Model Substantiation of Strategies of Economic Behavior in the Context of Increasing Negative Impact of Environmental Factors in the Context of Sustainable Development
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Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
IOP Publishing Ltd
Abstract
ENG: The concept of sustainable development considers environmental, social and economic issues in general. And the goals of resource conservation and socio-economic development do not contradict each other, but contribute to mutual reinforcement. The purpose of this study is to build and test an economic and mathematical model for the formation of strategies for the behavior of an economic entity with an increase in the impact of negative environmental factors. The proposed strategies and their models are based on the income-expenditure balance equation, which takes into account both quantitative and qualitative characteristics. The constructed models are considered in the state space. The research methodology is based on building models in the form of linear combinations of functions of a homogeneous external impact and various spatial combinations of economic sources (sinks). The study makes it possible to assess the dependence of the amount of resources used for life support on the chosen adaptive strategy. Within the framework of the proposed model, it was found that the criterion for the effectiveness of the applied strategy can be an indicator of satisfaction with the state, the preservation of which, simultaneously with the preservation of the size of resources used, corresponds to the direction of optimization. This approach is consistent with the concept of sustainable development.
Description
R. Ivanov: ORCID 0000-0003-2086-5004; T. Grynko: ORCID 0000-0002-7882-4523; V. Porokhnya: ORCID 0000-0003-0820-8749; R. Pavlov: ORCID 0000-0001-7629-2730; L. Golovkova: ORCID 0000-0001-5473-6644
Keywords
economic behaviour strategy, sustainable development, economic and mathematical model, environmental factors, КФОП
Citation
Ivanov R. V., Grynko T. V., Porokhnya V. M., Pavlov R. A, Golovkova L. S. Model Substantiation of Strategies of Economic Behavior in the Context of Increasing Negative Impact of Environmental Factors in the Context of Sustainable Development. IOP Conference. Series: Earth and Environmental Science. 2022. Vol. 1049 : 3rd International Conference on Sustainable Futures: Environmental, Technological, Social and Economic Matters (ICSF 2022), Virtual, Kryvyi Rih, 24–27 May 2022. 012041. DOI: 10.1088/1755-1315/1049/1/012041.