Optimization of an Economic System Using Nonlinear Decomposition

DOI10.1080/02522667.1985.10698803MaRDI QIDQ3683839zbMATH OpenOpenAlexFDO

Authors Carl-Louis Sandblom, Kurt Jörnsten

Publication date 1985

Published in Journal of Information and Optimization Sciences (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/02522667.1985.10698803

zbMATH Keywords

constant coefficientsConvergencediscrete-time linear-quadratic economic systemeconomic interpretationLagrangean relaxationnonlinear decompositionoptimal controlupper and lower bounds

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Nonlinear programming (90C30) Applications of mathematical programming (90C90) Economic growth models (91B62) Linear systems in control theory (93C05) Control/observation systems governed by functional relations other than differential equations (such as hybrid and switching systems) (93C30) Discrete-time control/observation systems (93C55)

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Cites work

• Dynamic Programming Under Uncertainty with a Quadratic Criterion Function
• scientific article; zbMATH DE number 3819432 (Why is no real title available?)
• scientific article; zbMATH DE number 3718924 (Why is no real title available?)
• scientific article; zbMATH DE number 3492382 (Why is no real title available?)
• OPTIMIZATION OF ECONOMIC POLICY USING LAGGED CONTROLS

Cited in

(5)

• On simulation and optimization of macroeconometric models
• Solving dynamic stochastic economic models by mathematical programming decomposition methods
• Discrete-time optimal control of an economic system using different objective functions
• scientific article; zbMATH DE number 3889250 (Why is no real title available?)
• Solving Optimization Problems with Diseconomies of Scale via Decoupling

Describes a project that uses

Uses Software

• CONOPT

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