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This article appeared in Computer Science in Economics and Management (now Computational Economics). Parameter estimation problems for nonlinear systems are typically formulated as nonlinear optimization problems. For such problems, one has the usual difficulty that standard successive...
Persistent link: https://www.econbiz.de/10004997734
Open Source Software (OSS) expresses the idea that developers should be able to license the publication of their software in a manner permitting anyone to freely use, modify, and distribute the software. Today OSS is widely used in the software industry, such as for language development tools...
Persistent link: https://www.econbiz.de/10004969753
This study uses a dynamic 5-bus test case implemented via the AMES Wholesale Power Market Test Bed to investigate strategic capacity withholding by generation companies (GenCos) in restructured wholesale power markets under systematically varied demand conditions. The strategic behaviors of the...
Persistent link: https://www.econbiz.de/10004969756
Wholesale power markets around the world are currently undergoing a controversial restructuring of their architecture and rules of operation. Some commentators have argued that restructuring has not produced the intended improvements in market efficiency while at the same time it has complicated...
Persistent link: https://www.econbiz.de/10004969758
Abstract not available.
Persistent link: https://www.econbiz.de/10008508385
A brief overview of agent-based computational economics (ACE) is given, followed by a synopsis of the articles included in this special issue on ACE and in a companion special issue on ACE scheduled to appear in Computational Economics.
Persistent link: https://www.econbiz.de/10005125395
A brief overview of agent-based computational economics (ACE) is given, followed by synopses of the articles included in this special ACE issue.
Persistent link: https://www.econbiz.de/10005433202
"Active Intermediation in a Monetary Overlapping Generations Economy" ( ps,297K) ( pdf,600K ), (with M. Pingle), Economic Report No. 42, Iowa State University, April 1997. Final version appears in Macroeconomic Dynamics 2 (1998), pp. 183--212. Abstract: This study demonstrates that the reason...
Persistent link: https://www.econbiz.de/10005436751
Part II: Special Issue Dedicated to Robert E. Kalaba
Persistent link: https://www.econbiz.de/10005441723
This paper establishes that the pro�t-seeking activities of private intermediaries can ensure Pareto e�ciency in the standard pure-exchange monetary overlapping generations economy without the need for government monetary or �scal policy intervention. Moreover, these...
Persistent link: https://www.econbiz.de/10005154863