André, Francisco J.; Cardenete, M. Alejandro; Lima, M. … - In: Economic Systems Research 24 (2012) 4, pp. 349-369
This paper provides a new reading of a classical economic relation: the short-run Phillips curve. Our point is that, when dealing with inflation and unemployment, policy-making can be understood as a multicriteria decision-making problem. Hence, we use so-called multiobjective programming in...