Minmax multi-period resources allocation problem with weighted substitutable resources

Author

Mohamed Esalah Salah, Slah Ben Youssef and Abdelwaheb Rebai

International Journal of Agricultural Resources, Governance and Ecology, 2015, vol. 11, issue 1, pages 45-62

Abstract: Minmax multi-period resources allocation problem with weighted substitutable resources is concerned with the allocation of m resources (wealth, working opportunities, healthcare, alimentary needs) among n users during t periods. The objective of this problem is to minimise the maximum performance function, knowing that certain weighted substitution between resources is possible. Today, one of the most controversial questions is how to allocate the limited amount of resources among competing users in order to realise justice between users. This question indicates that we are searching for methods to realise fairness in the allocation of limited resources. In this paper, we study some variants of minmax resources allocation problems. Then, we present the principles of distributive justice and we propose the model to formulate the minmax multi-period resources allocation problem with weighted substitutable resources. Finally, we propose an exact algorithm to solve our formulated model and we present a numerical example to test our algorithm. The obtained result is considered as a motivation to solve a real instance.

Keywords: distributive justice; equity; equality; fairness; need; resource allocation; weighted substitutable resources; wealth; working opportunities; healthcare; alimentary needs. (search for similar items in EconPapers)
Date: 2015
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