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In this paper, based on dynamic programming we investigate the military spending, trade and wealth accumulation in a stochastic endogenous growth model. For the Cobb-Dauglas utility function, explicit solutions of the optimal problem in the home country are obtained, and the optimal consumptions...
Persistent link: https://www.econbiz.de/10010819282
This paper examines the implications of imperfect information (II) for optimal monetary policy with a consistent set of informational assumptions for the modeller and the private sector an assumption we term the informational consistency. We use an estimated simple NK model from Levine et al....
Persistent link: https://www.econbiz.de/10011268964
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In this project, the authors investigated the dynamics and reliability of a brake control system using a test bench which is a Lincoln Town Car brake system. The objectives of the project are to: 1) experimentally characterize the brake system; 2) obtain good nonlinear models of the brake...
Persistent link: https://www.econbiz.de/10010536917
In this paper, the problem of modeling and control design of a computer controlled brake system is addressed. A nonlinear model for the brake system is developed by analyzing the input-output data obtained from the test bench. A controller for the brake system is designed by applying feedback...
Persistent link: https://www.econbiz.de/10010537295
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Four years of soybean experimental data observed at Daxing, North China Plain, were used to assess the ability of the AquaCrop model to predict soybean final biomass and yield. The model was parameterized and calibrated using field data on leaf area index (LAI), available soil water, soil...
Persistent link: https://www.econbiz.de/10011208832
In this study, an inexact optimization modeling approach (IBEM: inexact Beijing energy model) was developed for supporting energy systems planning and air pollution mitigation under uncertainty. This model was based on the integration of multiple inexact optimization techniques, including...
Persistent link: https://www.econbiz.de/10010807262
A spatially distributed hydrological model WetSpa (Water and Energy Transfer between Soil, Plants and Atmosphere) working on an hourly time scale is presented in this paper. The model combines elevation, soil and land use data, and predicts flood hydrograph and the spatial distribution of...
Persistent link: https://www.econbiz.de/10010794231