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simulation in optimization problems has become computationally expensive. This paper provides a smart data driven mechanism to … optimization problems by using training instances derived from the evaluations of the true objective functions. The surrogate … in computational time of optimization, while preserving the accuracy. These surrogate models also show robustness in …
Persistent link: https://www.econbiz.de/10012433273
The current coronavirus pandemic is a recent example of how an unpredictable event can cause uncertainty and affect people, markets and economies worldwide. Economic indicators like the well-known and frequently cited Economic Policy Uncertainty Index, developed by the three economists Scott R....
Persistent link: https://www.econbiz.de/10012437152
Dieser Aufsatz resümiert 30 Jahre unternehmensethische Theoriearbeit und stellt hierzu insbesondere das ordonomische Forschungsprogramm vor.
Persistent link: https://www.econbiz.de/10013169273
electricity consumption at both individual household and national level? First, we developed an hourly optimization model for …, radiation, (dynamic) electricity price, and feed-in tariff. By comparing the optimization to the reference scenario, we show the …
Persistent link: https://www.econbiz.de/10013175968
-criteria optimization framework. To initialize such a framework, a non-linear autoregressive network with exogenous inputs (NARX) has been …
Persistent link: https://www.econbiz.de/10013200280
In the early 50's, Markowitz introduced the modern portfolio selection theory which, to this very day, constitutes the basis of many investment decisions. Given different correlated assets, how does an investor create a portfolio maximizing the expected utility? Markowitz's contribution was to...
Persistent link: https://www.econbiz.de/10013208416
This paper presents an evaluation of energy supply strategies for Egypt’s power sector and identifies prospects to meet rising electricity demand while addressing energy security and low-carbon development issues. We apply the TIMES energy system model to examine Egypt’s energy policy goals...
Persistent link: https://www.econbiz.de/10013327012
This paper aims to critically appraise optimal patent protection using the expected utility model from the perspectives of governments to balance the motivation and social use of the intellectual property. In order to achieve this aim, the report has presented the working mechanism of...
Persistent link: https://www.econbiz.de/10012522022
implementation. In this article, we present the crop rotation optimization model CropRota. CropRota integrates agronomic criteria and …
Persistent link: https://www.econbiz.de/10012549393
Brazil has to quickly expand its power generation capacities due to significant growth of demand. Government plans aim at adding hydropower capacities in Northern Brazil, additional to wind and thermal power generation capacities. However, new hydropower may affect environmentally and socially...
Persistent link: https://www.econbiz.de/10012549405