A new algorithm for the group minimization problem (GP) is proposed. The algorithm can be broadly described as follows …-known algorithm of Glover, and checked for non-negativity. The first non-negative point is an optimal solution of (GP). Advantages and … disadvantages of the algorithm are discussed; in particular, the implementation of the algorithm (which can be easily extended so as …

algorithm herself, her equity preference has no effect on the training procedure. So long as the data, however biased, contain … signal, they will be used and the learning algorithm will be the same. Equity preferences alone provide no reason to alter …

the linear approach to dynamic programming by using ideas from approximation theory to avoid inefficient discretization …

We implement a dynamic programming algorithm on a computational grid consisting of loosely coupled processors, possibly … leave the pool of workstations. The algorithm is implemented using the Master-Worker library running on the HTCondor grid …

) Improved Stochastic Ranking Evolution Strategy (ISRES), (iii) Multi-Level Single-Linkage (MLSL) algorithm, (iv) Stochastic … versions of TikTak, which is a multistart global optimization algorithm used in some recent economic applications. For … completeness, we add three popular local algorithms to the comparison—the Nelder-Mead downhill simplex algorithm, the Derivative …

problem we develop a numerical dynamic programming algorithm to solve for optimal policies of each party taking into account …