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What is Effectiveness Rating of Economic and Social Policy of a Nation

Encyclopedia of Business Analytics and Optimization
Ratio between social preference or social welfare attained by goals achieved, and social cost of policy instruments employed.
Published in Chapter:
Global Optimization of Economic and Social Policy
Sten A. Thore (IC2 Institute (Innovation, Creativity, Capital), University of Texas at Austin, USA)
Copyright: © 2014 |Pages: 10
DOI: 10.4018/978-1-4666-5202-6.ch099
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