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This paper presents a heuristic mathematical model of the evolution over time in the statistical distribution of well-being of individuals in a society. The model predicts that when individuals overvalue the more overtly conspicuous aspects of well-being in their lifestyle choices, then the...
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This paper presents a methodology for the incorporation of poverty related concepts into the goal programming paradigm …. The concepts of poverty line, absolute poverty and relative poverty are discussed in the context of their potential usage … in the field of Operations Research. The synergy between goal programming and poverty lines is examined. Two additional …
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