In this paper, a market-based decomposition method for decomposable linear systems is developed. The solution process iterates between a master problem that solves the market-matching problem, and subproblems that solve the agents' bundle-determination problems. Starting from any initial price...

This paper considers the possibility of solving certain large scale linear programs using iterative procedures. The class of problems is characterized and a solution procedure developed. The advantages and computational efficiencies are noted in comparison to the product form Revised Simplex...

In this note we investigate extremal optimization over Leontief substitution systems. Such problems arise naturally in discounted Markov decision problems and in problems involving the control of economic systems. We develop both bounds on the objective value of a Leontief substitution system...

A comment on a class of matrices introduced by Rao (Rao, A. K. 1975. On the linear complementarity problem. Management Sci. 22 (4) 427-429.), relating them to the linear complementary problem.

This paper provides a methodology for detecting management fraud using basic financial data. The methodology is based on support vector machines. An important aspect therein is a kernel that increases the power of the learning machine by allowing an implicit and generally nonlinear mapping of...

In a recent paper [Bowman, V. J., C. S. Colantoni. 1973. Majority rule under transitivity constraints. Management Sci. 19 (9, May) 1029-1041.] Bowman and Colantoni have described an optimization model which they relate to problems of majority voting in the theory of social choice. Their...

The paper presents a new approach to solving a class of combinatorial economic allocation problems. One member of this class is known as the quadratic assignment problem. Besides presenting an algorithm to solve this problem, we will discuss in general terms the techniques for treating...

This paper considers a class of algorithms for solving quadratic programming problems. An attempt is made to rank the various procedures. Computational results are given and a discussion of the results is presented.

Distributed processing has been motivated by many objectives. Among these are a desire to share resources, reduce communications costs (as compared to a centralized processing scheme), increase performance and decrease response time by partitioning tasks and achieve higher system availability...

This paper explores rational decision making for investment in the stock market. The first part is concerned with problems of a methodological nature, mainly dealing with the relationship between normative models and operations research. The major part explores a particular model and the various...