A new tabu search algorithm is proposed for the maximum score estimator computation, where the focus is on large sample size and/or large number of parameters. The proposed algorithm shares the same solution representation with the Hyperplanes Intersection Simulated Annealing (HISA) previously...

Strategies for constructing a Markov decision chain approximating a continuous-time finite-horizon optimal control problem are investigated. Some simple, analytically soluble, examples are treated and low computational complexity is reported. Extensions to the method and implementation are...

The nearest correlation matrix problem is to find a valid (positive semidefinite) correlation matrix, R(m,m), that is nearest to a given invalid (non-positive semidefinite) or pseudo-correlation matrix, Q(m,m); m larger than 2. In the literature on this problem, 'nearest' is invariably defined...

Keane's bump function is considered as a standard benchmark for nonlinear constrained optimization. It is highly multi-modal and its optimum is located at the non-linear constrained boundary. The true minimum of this function is, perhaps, unknown. We intend in this paper to optimize Keane's...

Computing the solution to a stochastic optimal control problem is difficult. A method of approximating a solution to a given stochatic optimal problem was developed in [1]. This paper describes a suite of Matlab functions implementing this method of approximating a solution to a given continuous...

This paper identifies a fundamental challenge in the development of input-output databases of the world economy intended for analysis of alternative scenarios with a model of the world economy. Primary data sources for individual economies generally do not use the same sectoral classification...

In the Input-Output Analytic framework, production (X) is related to final demand (C) through the B [while B= INV(I-A), where A is the technical coefficients matrix and INV(.) means inverted (.)], such that X=BC. Generally, the elements of A and C are considered to be non-stochastic and...

This paper reports the results of the application of sector programming techniques for the identification of sectors and projects for promotion by private enterprise. The Industrial Policy Statement (1981) declares that Sri Lanka will foster a mixed-economy. It reserves capital goods and basic...

Adoption of feasible location science is gaining more interest in the field of Facility Layout Design (FLD) problems among working researchers group. Many methods such as MCDM, Heuristics and Intelligent approaches are available to solve the FLD problems. However in reality, finding the feasible...