An Analysis of Regional Development in Venezuela

JORGE RABINOVICH

Adaptive Environmental Assessment and Management

John Wiley & Sons

Lugar: Chichister; Año: 1978; p. 243 - 278

As most of the output of the simulation model has been expressed in terms of the 2S intervention strategies, and as these have been plotted as isoclines on the same scale. the possibility of using a very simple and graphically appealing method was raised. A method proposed by Peterman (I 975), called the desk-top optimizer. was implemented in the following fashion . The variable to be maximized was the total net benefit accumulated over 50 years (in millions of bolivars) at a rate of interest of 8%. Two kinds of constraints were imposed upon the decision of maximizing such a variable: the goal of the electric company of keeping an average monthly energy production of 3750 GWh, and a given percentage of environmental degradation. These results are shown as the possible optimal solution trajectories for time horizons of 30, 40. and 50 years that could be taken by the decision maker.