@misc{Cichocki_Krzysztof_Management_2015, author={Cichocki, Krzysztof and Kruś, Lech}, copyright={Creative Commons Attribution BY 4.0 license}, address={Warszawa}, journal={Raport Badawczy = Research Report}, howpublished={online}, year={2015}, publisher={Instytut Badań Systemowych. Polska Akademia Nauk}, publisher={Systems Research Institute. Polish Academy of Sciences}, language={eng}, abstract={In the paper, a new procedure of management and policy formulation is presented which mirrors long-term thinking process and scenario analysis by local government financial managers. The method offers an approach linking long-term financial planning, performance measures and budgeting for results and outcomes, and includes learning during implementation of the decision supporting procedure. The procedure is illustrated by numerical solutions based on Polish local government data.}, title={Management of local government finance in long-term; implementation of the satisficing behavior theory and multi-criteria optimization}, type={Text}, URL={http://www.rcin.org.pl/Content/144841/PDF/RB-2015-03.pdf}, keywords={Mathematical modeling, Multicriteria optimization, Satisficing behavior theory, Local government finance management}, }