Optimization of an Economic System Using Nonlinear Decomposition

DOI10.1080/02522667.1985.10698803zbMath0567.90015OpenAlexW2318550966MaRDI QIDQ3683839

Carl-Louis Sandblom, Kurt O. Jørnsten

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

optimal controlLagrangean relaxationconstant coefficientsConvergenceupper and lower boundsnonlinear decompositioneconomic interpretationdiscrete-time linear-quadratic economic system

Mathematics Subject Classification ID

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

Related Items (1)

On simulation and optimization of macroeconometric models

Uses Software

• CONOPT

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Dynamic Programming Under Uncertainty with a Quadratic Criterion Function
• OPTIMIZATION OF ECONOMIC POLICY USING LAGGED CONTROLS

This page was built for publication: Optimization of an Economic System Using Nonlinear Decomposition