Breitner, M.H.; Koslik, B.; von Stryk, O.; Pesch, H.J. - In: Mathematics and Computers in Simulation (MATCOM) 39 (1995) 5, pp. 527-532
Microeconomic models, e.g., concern models, usually suffer from too simple dynamic equations and from too unrealistic economic data. In the paper, a new iterative design method is presented, which consists of numerical simulation, numerical solution of optimal control problems by direct...