Search Results - subject:"dynamic programming"

Option Approach to Search for Threshold Rice Price Toward Sustainable Paddy Field Management

Yoshimoto, Atsushi - In: Asia-Pacific Financial Markets 12 (2005) 2, pp. 181-198

Persistent link: https://www.econbiz.de/10005727053

Optimal Least-Squares Unidimensional Scaling: Improved Branch-and-Bound Procedures and Comparison to Dynamic Programming

Brusco, Michael; Stahl, Stephanie - In: Psychometrika 70 (2005) 2, pp. 253-270

Persistent link: https://www.econbiz.de/10005757736

Pricing bonds in an incomplete market: Linear and Dynamic Programming approach

Sarkar, Arnab; Hemachandra, N. - Society for Computational Economics - SCE - 2005

martingale measure. Linear programming and Dynamic programming approaches for solving the minimization problem are discussed …

Persistent link: https://www.econbiz.de/10005706320

Optimal Duration of Magazine Promotions

Esteban-Bravo, Mercedes; Múgica, José; Vidal-Sanz, Jose - In: Marketing Letters 16 (2005) 2, pp. 99-114

return associated with dynamic response to stimuli, we determine the ideal length of marketing events using dynamic … programming optimization and apply the model to a complex promotion event. Results suggest that this methodology could help …

Persistent link: https://www.econbiz.de/10005716474

Stochastic Dynamic Programming in Space: An Application to British Columbia Forestry

Rust, John; Paarsch, Harry J. - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005051352

Learning About Computers: An Analysis of Information Search and Technology Choice

Erdem, Tülin; Keane, Michael; Öncü, T.; Strebel, Judi - In: Quantitative Marketing and Economics 3 (2005) 3, pp. 207-247

We estimate a dynamic model of how consumers learn about and choose between different brands of personal computers (PCs). To estimate the model, we use a panel data set that contains the search and purchase behavior of a set of consumers who were in the market for a PC. The data includes the...

Persistent link: https://www.econbiz.de/10005701839

A Structural Analysis of the Correlated Random Coefficient Wage Regression Model with an Application to the OLS-IV Puzzle

Belzil, Christian; Hansen, Jörgen - Institute for the Study of Labor (IZA) - 2005

We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function … experiments. We show that the estimates of the dynamic programming model with a rich heterogeneity specification, along with … matter what. The structural dynamic programming model with multi-dimensional heterogeneity is therefore capable of explaining …

Persistent link: https://www.econbiz.de/10005703021

A Numerical Dynamic Programming Algorithm for Optimal Learning Problems

Wieland, Volker - Society for Computational Economics - SCE - 2005

This paper presents a numerical nonlinear dynamic programming algorithm for solving so-called optimal learning or …

Persistent link: https://www.econbiz.de/10005132661

Optimizing the Supply Chain Configuration for New Products

Graves, Stephen C.; Willems, Sean P. - In: Management Science 51 (2005) 8, pp. 1165-1180

We address how to configure the supply chain for a new product for which the design has already been decided. The central question is to determine what suppliers, parts, processes, and transportation modes to select at each stage in the supply chain. There might be multiple options to supply a...

Persistent link: https://www.econbiz.de/10009191725

On the Value of Flexibility in R&D Projects

Santiago, Leonardo P.; Vakili, Pirooz - In: Management Science 51 (2005) 8, pp. 1206-1218

In this paper, we consider whether an increase in uncertainty increases the value of a research and development (R&D) project. We also consider the related question of the impact of increased project uncertainty on the value of management flexibility, defined as the difference in value when the...

Persistent link: https://www.econbiz.de/10009208443