The paper presents a new method to solve DSGE models with a great number of heterogeneous agents. Using tools from systems and control theory, it is shown how to reduce the dimension of the state and the policy vector so that the reduced model approximates the original model with high precision....

The paper presents a new method to solve DSGE models with a great number of heterogeneous agents. Using tools from systems and control theory, it is shown how to reduce the dimension of the state and the policy vector so that the reduced model approximates the original model with high precision....

Privacy remains an intractable ethical issue for the information society. Given its complicity, there is a moral obligation to redress privacy issues in systems engineering practice itself. This paper investigates the role the concept of privacy plays in contemporary systems engineering...

To run CPS-engineering projects successfully CPS engineers of today need to possess both technical and social skills. The CPS engineers are increasingly required to have various technical skills because the products they design and construct are getting more complex having hardware, software and...

Systems engineering projects that support government enterprises face substantial hallenges due to demands from diverse stakeholders and rapidly-changing echnologies. In this paper, we present findings from the analysis of five case studies f systems engineering projects for large government...

System Engineering (SE) is becoming increasingly knowledge intensive. Knowledge Management is recognized as a crucial enabler for continuous process improvement in engineering projects. Particularly, capitalization and sharing, of knowledge resulting from experience feedback are valuable asset...