To complete a successful energy project, all aspects and criteria which can influence the project should be considered. Classic time-cost trade-off (TCT) is used when the completion time of project is not acceptable for customers or top managers. This paper proposes a new...

The paper explains the use of composite indicators as objective functions in econometric decision models. We consider an example of minimizing the harm from two kinds of pollution at the workplace, which can be reduced by two types of anti-pollution measures restricted to a given budget. At...