The purpose of this volume is to present recent developments in the use of fuzzy sets in broadly perceived interactive optimization and mathematical programming. After some introductory sections some human related issues are covered. Then, basic issues related to fuzzy optimization are dealt...

This book explores the econometric implications of a policy-maker's learning. In a simple discrete model the policymaker maximizes the discounted sum of tax revenues subject to a constraint which involves an unknown parameter specifying the occurrence of Bayesian learning. An optimal balance...

The volume contains the proceedings of a workshop on "Parallel Algorithms and Transputers for Optimization" which was held at the University of Siegenon November 9, 1991 plus some invited papers covering topics related to this workshop. In contrast to many other publications on parallel...

A Silverman game is a two-person zero-sum game defined in terms of two sets S I and S II of positive numbers, and two parameters, the threshold T 1 and the penalty v 0. Players I and II independently choose numbers from S I and S II, respectively. The higher number wins 1, unless it is at...

This book extends the theoretical study of optimal dynamic firm behaviour by introducing technological progress and fluctuating demand in a deterministic Optimal Control model of the firm. The investment, dividend and financing behaviour of a firm is described in a dynamic optimisation model...

1: Econometric Decision Models: Introduction to the Conference and Survey of Some Recent Developments -- 1. Introduction to the conference on econometric decision models: for better balanced research and more interdisciplinary and international cooperation -- 2. Some recent developments in...

The deterministic lotsizing problems considered in this book deal with determining minimal cost production schedules and inventory replenishment strategies, such that (known) market demand is fulfilled satisfactorily, while capacity restrictions on production resources are not violated. The...

This book has two aims. The first is to investigate the causes of the bad performance of many exchange rate models. It is concluded that probably the models' bad performance is due to the use of semi-reduced form relations in almost all studies on exchange rate determination and to an...