sequences provide an additional step in optimization and control. This motivates our new approach where we avoid the …

The purpose of this paper is to formally describe new optimization models for distributed telecommunication networks …

, and 2) given expectations, agents solve optimization problems and these solutions in turn determine actual price … both forecasting and optimization decisions in an experimental cobweb economy. We report results from four experimental … treatments: 1) subjects form forecasts only, 2) subjects determine quantity only (solve an optimization problem), 3) they do both …