Carte Optcon2 Viktoria Blüschke-Nikolaeva

Optcon2

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Legare: Carte broșată
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259.49 lei
This book considers the OPTCON2 algorithm which delivers numerical solutions to optimum control prob...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2013
Pagini
72
EAN
9783838136363
ISBN
3838136365
Enbook ID
06888877
Greutate
118
Dimensiuni
152 x 229 x 4

Descriere completă

This book considers the OPTCON2 algorithm which delivers numerical solutions to optimum control problems with a quadratic objective function for nonlinear dynamic econometric models with additive and multiplicative (parameter) uncertainties. The algorithm was programmed in C and allows for deterministic and stochastic control, the latter with open-loop and passive learning (open-loop feedback) information patterns. The applicability of the algorithm is demonstrated by experiments with two existing models, MacRae and Abel, as well as two new macroeconomic models, SLOVNL and SLOVL, which were developed for the purposes of this research. These illustrate the convergence and the practical usefulness of the algorithm and (in most cases) the superiority of open-loop feedback over open-loop controls.

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