Quantitative and Systemic Methods for Modeling Sustainability
Amin Hosseinian-Far1; Hamid Jahankhani2 1 Leeds Beckett University, Leeds, UK2 GSM London, UK
Abstract
There are various approaches to modeling sustainability. These can be classified into five main categories: pictorial visualization, quantitative, physical, conceptual, and standardizing. According to Todorov and Marinova, quantitative models are classified into subcategories: macroeconometric, computable general equilibrium, optimization, systems’ dynamic, probabilistic/Bayesian network, and multiagent. Each of the modeling approaches has a number of advantages and disadvantages. This chapter reviews and examines quantitative approaches in modeling sustainability ...
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