This page has only limited features, please log in for full access.

Unclaimed
Aleksandras Vytautas Rutkauskas
Department of Finance Engineering, Vilnius Gediminas Technical University, Vilnius, Lithuania

Basic Info

Basic Info is private.

Honors and Awards

The user has no records in this section


Career Timeline

The user has no records in this section.


Short Biography

The user biography is not available.
Following
Followers
Co Authors
The list of users this user is following is empty.
Following: 0 users

Feed

Journal article
Published: 30 May 2012 in Sustainability
Reads 0
Downloads 0

The present article is an attempt to perceive the universal sustainability observable in an individual country or region, where the religious, political, social-demographic, economic, environmental, creative, technological and investment subsystems are revealed not only through the vitality of spiritual and material existence media, but rather through the signs of the development of these subsystems as self-assembled units through the erosion of their interaction. The problem of optimal allocation of investment resources among the separate sustainability’s subsystems was addressed by means of expert methods and techniques of portfolio methodology which will enable the achievement of the enshrined universal sustainability standards. A country-specific index composition of sustainability subsystems’ indices was chosen as the universal sustainability index for the specific country. The index in its dynamics is perceived as a random process. While projecting its state and evaluating its power, i.e., the impact of the subsystem efficiency in a particular moment, this power is measured by the level of the index and the reliability or guarantee of an appropriate level. To solve the problem of investment resources allocation, the idea of Markowitz Random Field was invoked in order to reach the maximum power of sustainability index while applying the technical solution—the so-called “GoldSim” system. Engineering is a methodology that aspires to reveal the core attributes of complex systems and instruments in order to manage the possibility to influence these properties for the systems. Experimental expert evaluation and case study is performed on Lithuanian data.

ACS Style

Aleksandras Vytautas Rutkauskas. Using Sustainability Engineering to Gain Universal Sustainability Efficiency. Sustainability 2012, 4, 1135 -1153.

AMA Style

Aleksandras Vytautas Rutkauskas. Using Sustainability Engineering to Gain Universal Sustainability Efficiency. Sustainability. 2012; 4 (6):1135-1153.

Chicago/Turabian Style

Aleksandras Vytautas Rutkauskas. 2012. "Using Sustainability Engineering to Gain Universal Sustainability Efficiency." Sustainability 4, no. 6: 1135-1153.

Conference paper
Published: 04 November 2011 in Proceedings of The 1st World Sustainability Forum
Reads 0
Downloads 0

Speaking about the problems of evaluation and management of sustainability usually set of sustainabilities or a structure of universal (from the Lat. universalis) sustainability is chosen, revealing the possibilities to formulate and solve the specific sustainability problems. Mostly the social, economic and ecological sustainability\'s subsystems are highlighted. And for each of subsystems fostering the universal sustainability the most important objectives are marked out: - For human sustainability is long term maintenance of well being; - For economical sustainability is long-term sufficiently high growth; - For ecology sustainability describes how biological systems remain diverse and productive overtime. The main objective of each and universal sustainability subsystems in a more simplified way could be understood as a subsystem\'s ability to maintain with the high level of guarantee the certain foundation parameter\'s level above the critical threshold, while dropping below the threshold the subsystem starts to lose its ability to rebuild itself as a system. However, undoubtedly the main question is rising - what kind of ability the universal sustainability should foster, i.e. the resultant of all sustainability subsystems. Searching for an answer to this question deterministically the idea is coming that this feature conceptually should be understood as preservation of the subsystems\' ability to interact. Actually the necessity of such feature is looking by analyzing the environmental sustainability also as other sustainability subsystems. However, for individual subsystems the interaction of their elements or their subsystems is conceptually better known and unfolding for management. In a case of universal sustainability there is a need for perfect formation of the concept of interaction indeed as also preparation of interaction of engineering foundations. The key tasks here are - to understand the content, methods and consequences of the universal sustainability and be able to simulate adequately those processes in order to create the assumptions for the various specialists of subsystems to discuss on the basis of quantitative information. Considerations about the universal sustainability apprehension and fostering are not abundant and one-directional, and even more - practically constructive. Actually in 1999-2005 was published ESI (Environmental Sustainability Index). However, it was rather measurements of environmental state\'s parameters or estimates, which are more suitable to compare environmental state of different countries. Later, it was substituted with the EPI (Environmental Performance Index), and as the name asserting it pretends to the instrument of sustainability anatomy.

ACS Style

Indre Lapinskaite; Viktorija Stasytyte; Aleksandras Vytautas Rutkauskas. Sustainabilities Portfolio as System to envisage and manage Universal Sustainability. Proceedings of The 1st World Sustainability Forum 2011, 1 .

AMA Style

Indre Lapinskaite, Viktorija Stasytyte, Aleksandras Vytautas Rutkauskas. Sustainabilities Portfolio as System to envisage and manage Universal Sustainability. Proceedings of The 1st World Sustainability Forum. 2011; ():1.

Chicago/Turabian Style

Indre Lapinskaite; Viktorija Stasytyte; Aleksandras Vytautas Rutkauskas. 2011. "Sustainabilities Portfolio as System to envisage and manage Universal Sustainability." Proceedings of The 1st World Sustainability Forum , no. : 1.