A Disequilibrium Model of Real and Financial Accumulation in an Open Economy

A Disequilibrium Model of Real and Financial Accumulation in an Open Economy

Author: Giancarlo Gandolfo

Publisher:

Published: 1984

Total Pages: 172

ISBN-13: 9780038718894

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Book Synopsis A Disequilibrium Model of Real and Financial Accumulation in an Open Economy by : Giancarlo Gandolfo

Download or read book A Disequilibrium Model of Real and Financial Accumulation in an Open Economy written by Giancarlo Gandolfo and published by . This book was released on 1984 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:


A Disequilibrium Model of Real and Financial Accumulation in an Open Economy

A Disequilibrium Model of Real and Financial Accumulation in an Open Economy

Author: B. Curtis Eaves

Publisher:

Published: 1984

Total Pages: 172

ISBN-13: 9780387138886

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Book Synopsis A Disequilibrium Model of Real and Financial Accumulation in an Open Economy by : B. Curtis Eaves

Download or read book A Disequilibrium Model of Real and Financial Accumulation in an Open Economy written by B. Curtis Eaves and published by . This book was released on 1984 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:


A Disequilibrium Model of Real and Financial Accumulation in an Open Economy

A Disequilibrium Model of Real and Financial Accumulation in an Open Economy

Author: Giancarlo Gandolfo

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 182

ISBN-13: 3642954596

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This is the fourth version of a model that five years ago we set out to build and estimate along the lines of the continuous time approach clarified In chapter 1. Previous versions appeared in journal articles and conference proceedings, where the space is notoriously limited. Therefore we welcome the possibility of publishing a book-length treatment of this fourth version, so that we can describe its theoretical and empirical aspects in some detail. Although we have worked closely together and accept joint responsibility for the whole book, chs. 1 and 2 and appendix I have been written by G. Gandolfo, whilst chs. ] and 4 and appendix II have been written by P.c. Padoan. Different parts of this version of the model have been discussed In various lectures at the European University Institute (Florence) in 1984, In a seminar organized by the Bank of Italy (Sadiba, Perugia, Italy, February 16-18, 1984), in the second Viennese Workshop on Economic Applications of Control Theory (Vienna, May 16-18, 1984), and in the sixth annual Conference of the Society for Economic Dynamics and Control (Nice, France, June 13-15, 1984). In all of these we received helpful comments; similarly helpful were the comments of Clifford R .. Wymer, who, however, is absolved of any responsibility.


Book Synopsis A Disequilibrium Model of Real and Financial Accumulation in an Open Economy by : Giancarlo Gandolfo

Download or read book A Disequilibrium Model of Real and Financial Accumulation in an Open Economy written by Giancarlo Gandolfo and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fourth version of a model that five years ago we set out to build and estimate along the lines of the continuous time approach clarified In chapter 1. Previous versions appeared in journal articles and conference proceedings, where the space is notoriously limited. Therefore we welcome the possibility of publishing a book-length treatment of this fourth version, so that we can describe its theoretical and empirical aspects in some detail. Although we have worked closely together and accept joint responsibility for the whole book, chs. 1 and 2 and appendix I have been written by G. Gandolfo, whilst chs. ] and 4 and appendix II have been written by P.c. Padoan. Different parts of this version of the model have been discussed In various lectures at the European University Institute (Florence) in 1984, In a seminar organized by the Bank of Italy (Sadiba, Perugia, Italy, February 16-18, 1984), in the second Viennese Workshop on Economic Applications of Control Theory (Vienna, May 16-18, 1984), and in the sixth annual Conference of the Society for Economic Dynamics and Control (Nice, France, June 13-15, 1984). In all of these we received helpful comments; similarly helpful were the comments of Clifford R .. Wymer, who, however, is absolved of any responsibility.


Dynamic Disequilibrium Modeling: Theory and Applications

Dynamic Disequilibrium Modeling: Theory and Applications

Author: William A. Barnett

Publisher: Cambridge University Press

Published: 1996-06-13

Total Pages: 556

ISBN-13: 9780521462754

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. The organizers of the ninth symposium, which produced the current proceedings volume, were Claude Hillinger at the University of Munich, Giancarlo Gandolfo at the University of Rome "La Sapienza," A. R. Bergstrom at the University of Essex, and P. C. B. Phillips at Yale University.


Book Synopsis Dynamic Disequilibrium Modeling: Theory and Applications by : William A. Barnett

Download or read book Dynamic Disequilibrium Modeling: Theory and Applications written by William A. Barnett and published by Cambridge University Press. This book was released on 1996-06-13 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: . The organizers of the ninth symposium, which produced the current proceedings volume, were Claude Hillinger at the University of Munich, Giancarlo Gandolfo at the University of Rome "La Sapienza," A. R. Bergstrom at the University of Essex, and P. C. B. Phillips at Yale University.


Arbitrage Pricing of Contingent Claims

Arbitrage Pricing of Contingent Claims

Author: Sigrid Müller

Publisher: Springer Science & Business Media

Published: 2013-03-13

Total Pages: 160

ISBN-13: 3642465609

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Book Synopsis Arbitrage Pricing of Contingent Claims by : Sigrid Müller

Download or read book Arbitrage Pricing of Contingent Claims written by Sigrid Müller and published by Springer Science & Business Media. This book was released on 2013-03-13 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Stochastic Two-Stage Programming

Stochastic Two-Stage Programming

Author: Karl Frauendorfer

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 236

ISBN-13: 3642956963

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Stochastic Programming offers models and methods for decision problems wheresome of the data are uncertain. These models have features and structural properties which are preferably exploited by SP methods within the solution process. This work contributes to the methodology for two-stagemodels. In these models the objective function is given as an integral, whose integrand depends on a random vector, on its probability measure and on a decision. The main results of this work have been derived with the intention to ease these difficulties: After investigating duality relations for convex optimization problems with supply/demand and prices being treated as parameters, a stability criterion is stated and proves subdifferentiability of the value function. This criterion is employed for proving the existence of bilinear functions, which minorize/majorize the integrand. Additionally, these minorants/majorants support the integrand on generalized barycenters of simplicial faces of specially shaped polytopes and amount to an approach which is denoted barycentric approximation scheme.


Book Synopsis Stochastic Two-Stage Programming by : Karl Frauendorfer

Download or read book Stochastic Two-Stage Programming written by Karl Frauendorfer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stochastic Programming offers models and methods for decision problems wheresome of the data are uncertain. These models have features and structural properties which are preferably exploited by SP methods within the solution process. This work contributes to the methodology for two-stagemodels. In these models the objective function is given as an integral, whose integrand depends on a random vector, on its probability measure and on a decision. The main results of this work have been derived with the intention to ease these difficulties: After investigating duality relations for convex optimization problems with supply/demand and prices being treated as parameters, a stability criterion is stated and proves subdifferentiability of the value function. This criterion is employed for proving the existence of bilinear functions, which minorize/majorize the integrand. Additionally, these minorants/majorants support the integrand on generalized barycenters of simplicial faces of specially shaped polytopes and amount to an approach which is denoted barycentric approximation scheme.


Applied Simulated Annealing

Applied Simulated Annealing

Author: Rene V.V. Vidal

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 362

ISBN-13: 3642467873

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In February 1992, I defended my doctoral thesis: Engineering Optimiza tion - selected contributions (IMSOR, The Technical University of Den mark, 1992, p. 92). This dissertation presents retrospectively my central contributions to the theoretical and applied aspects of optimization. When I had finished my thesis I became interested in editing a volume related to a new expanding area of applied optimization. I considered several approaches: simulated annealing, tabu search, genetic algorithms, neural networks, heuristics, expert systems, generalized multipliers, etc. Finally, I decided to edit a volume related to simulated annealing. My main three reasons for this choice were the following: (i) During the last four years my colleagues at IMSOR and I have car ried out several applied projects where simulated annealing was an essential. element in the problem-solving process. Most of the avail able reports and papers have been written in Danish. After a short review I was convinced that most of these works deserved to be pub lished for a wider audience. (ii) After the first reported applications of simulated annealing (1983- 1985), a tremendous amount of theoretical and applied work have been published within many different disciplines. Thus, I believe that simulated annealing is an approach that deserves to be in the curricula of, e.g. Engineering, Physics, Operations Research, Math ematical Programming, Economics, System Sciences, etc. (iii) A contact to an international network of well-known researchers showed that several individuals were willing to contribute to such a volume.


Book Synopsis Applied Simulated Annealing by : Rene V.V. Vidal

Download or read book Applied Simulated Annealing written by Rene V.V. Vidal and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: In February 1992, I defended my doctoral thesis: Engineering Optimiza tion - selected contributions (IMSOR, The Technical University of Den mark, 1992, p. 92). This dissertation presents retrospectively my central contributions to the theoretical and applied aspects of optimization. When I had finished my thesis I became interested in editing a volume related to a new expanding area of applied optimization. I considered several approaches: simulated annealing, tabu search, genetic algorithms, neural networks, heuristics, expert systems, generalized multipliers, etc. Finally, I decided to edit a volume related to simulated annealing. My main three reasons for this choice were the following: (i) During the last four years my colleagues at IMSOR and I have car ried out several applied projects where simulated annealing was an essential. element in the problem-solving process. Most of the avail able reports and papers have been written in Danish. After a short review I was convinced that most of these works deserved to be pub lished for a wider audience. (ii) After the first reported applications of simulated annealing (1983- 1985), a tremendous amount of theoretical and applied work have been published within many different disciplines. Thus, I believe that simulated annealing is an approach that deserves to be in the curricula of, e.g. Engineering, Physics, Operations Research, Math ematical Programming, Economics, System Sciences, etc. (iii) A contact to an international network of well-known researchers showed that several individuals were willing to contribute to such a volume.


Nondifferentiable Optimization: Motivations and Applications

Nondifferentiable Optimization: Motivations and Applications

Author: Vladimir F. Demyanov

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 355

ISBN-13: 3662126036

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The International Institute for Applied Systems Analysis (IIASA) in Laxenburg, Austria, has been involved in research on nondifferentiable optimization since 1976. IIASA-based East-West cooperation in this field has been very productive, leading to many important theoretical, algorithmic and applied results. Nondifferentiable optimi zation has now become a recognized and rapidly developing branch of mathematical programming. To continue this tradition, and to review recent developments in this field, IIASA held a Workshop on Nondifferentiable Optimization in Sopron (Hungary) in September 1964. The aims of the Workshop were: 1. To discuss the state-of-the-art of nondifferentiable optimization (NDO), its origins and motivation; 2. To compare-various algorithms; 3. To evaluate existing mathematical approaches, their applications and potential; 4. To extend and deepen industrial and other applications of NDO. The following topics were considered in separate sessions: General motivation for research in NDO: nondifferentiability in applied problems, nondifferentiable mathematical models. Numerical methods for solving nondifferentiable optimization problems, numerical experiments, comparisons and software. Nondifferentiable analysis: various generalizations of the concept of subdifferen tials. Industrial and other applications. This volume contains selected papers presented at the Workshop. It is divided into four sections, based on the above topics: I. Concepts in Nonsmooth Analysis II. Multicriteria Optimization and Control Theory III. Algorithms and Optimization Methods IV. Stochastic Programming and Applications We would like to thank the International Institute for Applied Systems Analysis, particularly Prof. V. Kaftanov and Prof. A.B. Kurzhanski, for their support in organiz ing this meeting.


Book Synopsis Nondifferentiable Optimization: Motivations and Applications by : Vladimir F. Demyanov

Download or read book Nondifferentiable Optimization: Motivations and Applications written by Vladimir F. Demyanov and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Institute for Applied Systems Analysis (IIASA) in Laxenburg, Austria, has been involved in research on nondifferentiable optimization since 1976. IIASA-based East-West cooperation in this field has been very productive, leading to many important theoretical, algorithmic and applied results. Nondifferentiable optimi zation has now become a recognized and rapidly developing branch of mathematical programming. To continue this tradition, and to review recent developments in this field, IIASA held a Workshop on Nondifferentiable Optimization in Sopron (Hungary) in September 1964. The aims of the Workshop were: 1. To discuss the state-of-the-art of nondifferentiable optimization (NDO), its origins and motivation; 2. To compare-various algorithms; 3. To evaluate existing mathematical approaches, their applications and potential; 4. To extend and deepen industrial and other applications of NDO. The following topics were considered in separate sessions: General motivation for research in NDO: nondifferentiability in applied problems, nondifferentiable mathematical models. Numerical methods for solving nondifferentiable optimization problems, numerical experiments, comparisons and software. Nondifferentiable analysis: various generalizations of the concept of subdifferen tials. Industrial and other applications. This volume contains selected papers presented at the Workshop. It is divided into four sections, based on the above topics: I. Concepts in Nonsmooth Analysis II. Multicriteria Optimization and Control Theory III. Algorithms and Optimization Methods IV. Stochastic Programming and Applications We would like to thank the International Institute for Applied Systems Analysis, particularly Prof. V. Kaftanov and Prof. A.B. Kurzhanski, for their support in organiz ing this meeting.


Resource Extraction and Market Structure

Resource Extraction and Market Structure

Author: Martin Schäfer

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 168

ISBN-13: 3642489222

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Book Synopsis Resource Extraction and Market Structure by : Martin Schäfer

Download or read book Resource Extraction and Market Structure written by Martin Schäfer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Convexity and Duality in Optimization

Convexity and Duality in Optimization

Author: Jacob Ponstein

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 151

ISBN-13: 3642456103

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The analysis and optimization of convex functions have re ceived a great deal of attention during the last two decades. If we had to choose two key-words from these developments, we would retain the concept of ~ubdi66~e~ and the duality theo~y. As it usual in the development of mathematical theories, people had since tried to extend the known defi nitions and properties to new classes of functions, including the convex ones. For what concerns the generalization of the notion of subdifferential, tremendous achievements have been carried out in the past decade and any rna·· thematician who is faced with a nondifferentiable nonconvex function has now a panoply of generalized subdifferentials or derivatives at his disposal. A lot remains to be done in this area, especially concerning vecto~-valued functions ; however we think the golden age for these researches is behind us. Duality theory has also fascinated many mathematicians since the underlying mathematical framework has been laid down in the context of Convex Analysis. The various duality schemes which have emerged in the re cent years, despite of their mathematical elegance, have not always proved as powerful as expected.


Book Synopsis Convexity and Duality in Optimization by : Jacob Ponstein

Download or read book Convexity and Duality in Optimization written by Jacob Ponstein and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis and optimization of convex functions have re ceived a great deal of attention during the last two decades. If we had to choose two key-words from these developments, we would retain the concept of ~ubdi66~e~ and the duality theo~y. As it usual in the development of mathematical theories, people had since tried to extend the known defi nitions and properties to new classes of functions, including the convex ones. For what concerns the generalization of the notion of subdifferential, tremendous achievements have been carried out in the past decade and any rna·· thematician who is faced with a nondifferentiable nonconvex function has now a panoply of generalized subdifferentials or derivatives at his disposal. A lot remains to be done in this area, especially concerning vecto~-valued functions ; however we think the golden age for these researches is behind us. Duality theory has also fascinated many mathematicians since the underlying mathematical framework has been laid down in the context of Convex Analysis. The various duality schemes which have emerged in the re cent years, despite of their mathematical elegance, have not always proved as powerful as expected.