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convergence, slow iterations to reach the global optimal solution and getting stuck at a local optimum. A novel chaos genetic … algorithm (CGA) based on the chaos optimization algorithm (COA) and genetic algorithm (GA), which makes use of the ergodicity … and internal randomness of chaos iterations, is presented to overcome premature local optimum and increase the convergence …
Persistent link: https://www.econbiz.de/10010794658
We address nonconvex mixed-integer bilinear problems where the main challenge is the computation of a tight upper bound for the objective function to be maximized. This can be obtained by using the recently developed concept of multiparametric disaggregation following the solution of a...
Persistent link: https://www.econbiz.de/10010793966
The chaos theory assumes that the returns dynamics are not normally distributed and more complex approaches have to be …
Persistent link: https://www.econbiz.de/10005835468
Following the literature on growth, cycles and financial development, this paper develops an endogenous growth model where the source of endogenous business cycles relates to the allocation of credit between productive investment and consumption. An important role is given to consumer sentiment,...
Persistent link: https://www.econbiz.de/10005836012
General Equilibrium Theory in econometrics is based on the vague notion of utility. Prices, dynamics, and market equilibria are supposed to be derived from utility. Utility is sometimes treated like a potential, other times like a Lagrangian. Illegal assumptions of integrability of actions and...
Persistent link: https://www.econbiz.de/10005837138
chaos incorporates the Heisenberg uncertainty principle and thus, is the mechanism through which quantum tunneling is …
Persistent link: https://www.econbiz.de/10010599478
Recently, a new test for nonlinearity and chaos was proposed, the noise titration technique. I discuss in this paper … assessments exist, both simulated and real data. Compared to other tests for nonlinearity and chaos I find that this approach …
Persistent link: https://www.econbiz.de/10010678806
Рассматриваются теоретические подходы к обоснованию хаотической теории инфляции экономического пространства, базирующиеся на современных представлениях о...
Persistent link: https://www.econbiz.de/10011239995
</li> <li>Volatility in Oil Prices and Manufacturing Activity: An Investigation of Real Options</li> </ul> </li> <li><strong><em>Chaos …
Persistent link: https://www.econbiz.de/10011156400
The preponderance of the linear approach in the stock market modeling is the result of the Frisch-Slutsky paradigm which implies that the market can only converge to an equilibrium point or diverge, according to a monotonic or oscillatory trajectory. Moreover, this description of reality is...
Persistent link: https://www.econbiz.de/10011156979