Heuristic Approaches to Studying the Dynamics of Economic Development for Resource Allocation in Crisis Management

Economic systems operating under high uncertainty, particularly during wartime disruptions, require robust analytical and forecasting instruments to support objective and timely resource allocation decisions within crisis management. This study aims to improve the methodological approaches and analytical toolkit for forecasting and analysing the dynamics of economic development in order to substantiate resource allocation decisions at the level of an economic entity. The research is based on statistical data describing the performance of the analysed object over the pre-war and wartime period of 2006–2024. The methodological framework integrates principles of systems analysis, multivariate statistical techniques for data collection, structuring and processing, expert judgement, and heuristic reasoning to establish the system–logical relationships among the parameters used to construct the initial analytical database. Expert assessments and a set of coefficients (indicators) were developed to operationalise the taxonomic method, enabling the calculation of an integral criterion of economic development. Furthermore, a correlation–regression forecasting model was developed to quantify the strength of relationships among factors and to rank their significance in explaining variations in the economic development index. The findings demonstrate that the proposed modelling framework provides a consistent analytical basis for forecasting economic development dynamics as a function of internal changes in liquidity, solvency, profitability and financial stability indicators, thereby increasing the objectivity and resilience of managerial decisions on resource allocation. The study contributes to the literature by advancing heuristic and data-driven approaches to modelling economic development dynamics under crisis conditions, with particular emphasis on the integration of taxonomic analysis, expert-based indicator construction, and econometric forecasting. The proposed tools may be applied in the practice of crisis management to enhance decision-making in resource distribution and may serve as a foundation for further research incorporating stochastic components and scenario-based analysis.

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Publication Details

Journal
SHILAP Revista de lepidopterología
Published
2025-12-01
DOI
https://doi.org/10.23762/fso_vol13_no4_6
Primary Topic
Infrastructure Resilience and Vulnerability Analysis
Type
article
Field-Weighted Citation Impact
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article

Heuristic Approaches to Studying the Dynamics of Economic Development for Resource Allocation in Crisis Management

Tetiana Hudz, Aleksy Kwilinski, Mykola Rohoza, Bozena Kaminska
SHILAP Revista de lepidopterología
Infrastructure Resilience and Vulnerability Analysis
article

Heuristic Approaches to Studying the Dynamics of Economic Development for Resource Allocation in Crisis Management

Tetiana Hudz, Aleksy Kwilinski, Mykola Rohoza, Bozena Kaminska
article en

Abstract

Economic systems operating under high uncertainty, particularly during wartime disruptions, require robust analytical and forecasting instruments to support objective and timely resource allocation decisions within crisis management. This study aims to improve the methodological approaches and analytical toolkit for forecasting and analysing the dynamics of economic development in order to substantiate resource allocation decisions at the level of an economic entity. The research is based on statistical data describing the performance of the analysed object over the pre-war and wartime period of 2006–2024. The methodological framework integrates principles of systems analysis, multivariate statistical techniques for data collection, structuring and processing, expert judgement, and heuristic reasoning to establish the system–logical relationships among the parameters used to construct the initial analytical database. Expert assessments and a set of coefficients (indicators) were developed to operationalise the taxonomic method, enabling the calculation of an integral criterion of economic development. Furthermore, a correlation–regression forecasting model was developed to quantify the strength of relationships among factors and to rank their significance in explaining variations in the economic development index. The findings demonstrate that the proposed modelling framework provides a consistent analytical basis for forecasting economic development dynamics as a function of internal changes in liquidity, solvency, profitability and financial stability indicators, thereby increasing the objectivity and resilience of managerial decisions on resource allocation. The study contributes to the literature by advancing heuristic and data-driven approaches to modelling economic development dynamics under crisis conditions, with particular emphasis on the integration of taxonomic analysis, expert-based indicator construction, and econometric forecasting. The proposed tools may be applied in the practice of crisis management to enhance decision-making in resource distribution and may serve as a foundation for further research incorporating stochastic components and scenario-based analysis.

SHILAP Revista de lepidopterología
Openalex Percentile: Top 30%
Infrastructure Resilience and Vulnerability Analysis
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