OPTIMAL CONTROL OF ECONOMETRIC MODELS. PROBLEMS DEVELOPMENTS AND AN APPLICATION WITH A MODEL OF THE ITALIAN ECONOMY
β Scribed by B. Chiarini
- Book ID
- 111044351
- Publisher
- John Wiley and Sons
- Year
- 1986
- Tongue
- English
- Weight
- 855 KB
- Volume
- 38
- Category
- Article
- ISSN
- 0026-1386
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
In this paper we derive useful sufficiency optimality conditions for a class of optimal control problems subject to differential inclusions and involving non-differentiable functions. A production-inventory problem is solved to illustrate our results. KEY WORDS Sufficient conditions Differential inc
This paper discusses the use of preliminary data in econometric forecasting. The standard practice is to ignore the distinction between preliminary and final data, the forecasts that do so here being termed naΓ―ve forecasts. It is shown that in dynamic models a multistep-ahead naΓ―ve forecast can achi