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agent’s individual optimization process. Steady-state simulations yield phase diagrams with the high and low competition … anomaly in the optimization efficiency. …
Persistent link: https://www.econbiz.de/10011063365
Hysteretic optimization is a recently proposed heuristic optimization method inspired by the demagnetization of … optimization problems works reasonably well for the traveling salesman problem. We propose an improvement for the general scheme. …
Persistent link: https://www.econbiz.de/10011064040
Hysteretic optimization is a heuristic optimization method based on the observation that magnetic samples are driven … optimization is very good for finding ground states of Sherrington–Kirkpatrick spin glass systems. With this method it is possible … way we estimate error rates may be useful for some other optimization methods as well. Our results show that both the …
Persistent link: https://www.econbiz.de/10011064197
The partitioning of random graphs is investigated numerically using “simulated annealing” and “extremal optimization …”. While generally in an NP-hard problem, it is shown that the optimization of the graph partitions is particularly difficult … “simulated annealing” is found to diverge in the thermodynamic limit. On the other hand, “extremal optimization”, a new general …
Persistent link: https://www.econbiz.de/10011064489
Spatial networks, also known as random geometric graphs, are random graphs with certain distance metric, in which each node is connected to some others within its neighborhood disc. Due to the rapid increase of network scales, the design of spatial networks becomes increasingly challenging....
Persistent link: https://www.econbiz.de/10011064634
This article examines agents’ consumption-investment problem in a multi-period pure exchange economy where agents are constrained with the short-sale of state-dependent risky contingent claims. In equilibrum, agents hold options written on aggregate consumption in their optimal portfolios....
Persistent link: https://www.econbiz.de/10011065844
We analyze technology adoption decisions of manufacturers in response to energy audits provided by Department of Energy Industrial Assessment Centers. Using fixed effects logit estimation to control for unobserved plant characteristics, we find that plants respond as expected to financial costs...
Persistent link: https://www.econbiz.de/10005399486
This article presents a historical analysis of the Chilean monthly growth rate from 1987 to 2000, applying the Switching Regime methodology design by Hamilton (1989). Three scenarios were considered, which imply a number of parameters estimated using the
Persistent link: https://www.econbiz.de/10005510074
-simplifying optimization techniques need to be employed. General methods for simulation optimization that do not inhibit system … economists. This paper describes the theory and algorithm of a robust and efficient simulation optimization approach, the Complex …
Persistent link: https://www.econbiz.de/10005522487
Performance-Based Budgeting (PBB) System is one of the latest techniques achieved in the development process of modern budgeting systems. The system basically requires public institutions to prepare budgets in accordance with market-focused administration approach. The system is based on...
Persistent link: https://www.econbiz.de/10005272642