Local convergence results for adaptive learning of stochastic steady states in nonlinear models are extended to the case where the exogenous observable variables follow a ?nite Markov chain. The stability conditions for the corresponding nonstochastic model and its steady states yield...

Using virtual stock markets with artificial interacting software in- vestors, aka agent-based models (ABMs), we present a method to reverse engineer real-world financial time series. We model financial markets as made of a large number of interacting boundedly rational agents. By op- timizing...

Granot and Hammer (Granot, F., P. L. Hammer. 1971. On the use of boolean functions in 0-1 programming. Operations Research, Statistics and Economic Mimeograph Series No. 70, Technion (August 1970). (Published in Methods of Oper. Res. 12 154-184); Granot, F., P. L. Hammer. 1975. On the role of...

In this paper we introduce the use of spacefilling curves in facility layout, and we extend a well-known facility layout algorithm () to facilities with multiple floors. Spacefilling curves make it possible to exchange any two departments and to use more powerful exchange routines than two-way...

Studies problems related to modelling, control and monitoring of circulatory systems with an artificial heart. First, presents a pulsatile model of cardiovascular systems. This model has a well‐grounded physiological basis and includes several reflex control systems, such as baroreceptor...