Contact
How to shop
Delivery
Shopping guide
Optcon2
English
133 b
Up to 30 days for returns
Customers also purchased
/
Paperback
23 399
Ft
/
Hardback
34 483
Ft
/
Paperback
20 995
Ft
/
Paperback
14 310
Ft
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.
About the book
English
Give this book today
It's easy
1 Add to cart and choose Deliver as present at the checkout 2 We'll send you a voucher 3 The book will arrive at the recipient's addressYou might also be interested in
/
Paperback
5 599
Ft
Hi! I'm Libroamiko, your book advisor.
How can I help you?