Projection Methods in Constrained Optimisation and Applications to Optimal Policy Problems

Projection Methods in Constrained Optimisation and Applications to Optimal Policy Problems PDF Author: B. Rustem
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Projection Methods in Constrained Optimisation and Applications to Optimal Policy Problems

Projection Methods in Constrained Optimisation and Applications to Optimal Policy Problems PDF Author: B. Rustem
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Projection Methods in Constrained Optimisation and Applications to Optimal Policy Decisions

Projection Methods in Constrained Optimisation and Applications to Optimal Policy Decisions PDF Author: Berc Rustem
Publisher: Springer
ISBN:
Category : Mathematical optimization
Languages : en
Pages : 340

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Projection Methods in Constrained Optimisation and Applications to Optimal Policy Decisions

Projection Methods in Constrained Optimisation and Applications to Optimal Policy Decisions PDF Author: Berc Rustem
Publisher: Springer
ISBN:
Category : Business & Economics
Languages : en
Pages : 348

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An Index

An Index PDF Author: A. V. Balakrishnan M. Thoma
Publisher: Springer
ISBN: 3662254492
Category : Science
Languages : en
Pages : 35

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Constrained Markov Decision Processes

Constrained Markov Decision Processes PDF Author: Eitan Altman
Publisher: Routledge
ISBN: 1351458248
Category : Mathematics
Languages : en
Pages : 256

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Book Description
This book provides a unified approach for the study of constrained Markov decision processes with a finite state space and unbounded costs. Unlike the single controller case considered in many other books, the author considers a single controller with several objectives, such as minimizing delays and loss, probabilities, and maximization of throughputs. It is desirable to design a controller that minimizes one cost objective, subject to inequality constraints on other cost objectives. This framework describes dynamic decision problems arising frequently in many engineering fields. A thorough overview of these applications is presented in the introduction. The book is then divided into three sections that build upon each other.

System-Theoretic Methods in Economic Modelling I

System-Theoretic Methods in Economic Modelling I PDF Author: S. Mittnik
Publisher: Elsevier
ISBN: 1483296229
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
The value of applying system-theoretic concepts to economic modelling problems arises from the fact that it offers a unifying framework for modelling dynamic systems. In addition to offering this powerful conceptual framework, it provides a wide range of tools useful in applied work. System-theoretic techniques enter predominantly two stages of economic modelling efforts: the stage of model construction and the stage of model application in accordance with the modelling. The objective of this and subsequent volumes on System-Theoretic Methods in Economic Modelling I is to initiate and/or intensify dialogues between researchers and practitioners within and across the disciplines involved. This first volume brings together papers exhibiting a wide range of system-theoretic techniques and applications to economic problems. The papers have been divided into two groups, following roughly--but not necessarily--the above classification into the construction and application stages of economic modelling. The papers in the first group focus on the identification of dynamic and static systems, while the papers in the second group address dynamic optimization problems.

Dynamic Modelling and Control of National Economies 1983

Dynamic Modelling and Control of National Economies 1983 PDF Author: T. Basar
Publisher: Elsevier
ISBN: 1483153312
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
Dynamic Modelling and Control of National Economies 1983 contains the proceedings of the Fourth IFAC/IFORS/IIASA Conference and the 1983 SEDC Conference on Economic Dynamics and Control held at Washington D.C., USA on June17-19, 1983. Separating the 65 papers presented in the conference as chapters, this book covers a broad class of problems or notions arising both in economic theory, control applications to planning, and implementation issues. Some chapters discuss multi-level interactions of government and private sectors in economic development; inflation and economic policy in an open economy; foreign debt and exchange rate stability in a developing country; and expectations in numerical general equilibrium models. This book also explains a rational decision-making process for resource policymaking; inference of the structure of economic reasoning from natural language analysis; modeling and analysis of a national economy; and methodological issues in global modeling. Econometric analysis of the economic effects of population change, aspects of optimal estimation control strategies in econometrics, and optimal policies for interdependent economies are also discussed. This book will be useful to those engaged in economic and control theory research.

Optimal Control, Expectations and Uncertainty

Optimal Control, Expectations and Uncertainty PDF Author: Sean Holly
Publisher: Cambridge University Press
ISBN: 0521264448
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
An examination of how the rational expectations revolution and game theory have enhanced the understanding of how an economy functions.

University of Michigan Official Publication

University of Michigan Official Publication PDF Author: University of Michigan
Publisher: UM Libraries
ISBN:
Category : Education, Higher
Languages : en
Pages : 1068

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Book Description
Each number is the catalogue of a specific school or college of the University.

Observers and Macroeconomic Systems

Observers and Macroeconomic Systems PDF Author: Ric D. Herbert
Publisher: Springer Science & Business Media
ISBN: 1461555833
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
Observers and Macroeconomic Systems is concerned with the computational aspects of using a control-theoretic approach to the analysis of dynamic macroeconomic systems. The focus is on using a separate model for the development of the control policies. In particular, it uses the observer-based approach whereby the separate model learns to behave in a similar manner to the economic system through output-injections. The book shows how this approach can be used to learn the forward-looking behaviour of economic actors which is a distinguishing feature of dynamic macroeconomic models. It also shows how it can be used in conjunction with low-order models to undertake policy analysis with a large practical econometric model. This overcomes some of the computational problems arising from using just the large econometric models to compute optimal policy trajectories. The work also develops visual simulation software tools that can be used for policy analysis with dynamic macroeconomic systems.