There's a fun little movement to insist that physicists have some major contributions that they can make to economics. And it's most certainly true that both subjects use vast amounts of difficult ...
Moment inequalities provide a framework to extract reliable information from models where parameters cannot be precisely identified. Owing to either optimisation behaviour by individual agents or ...
The parameter vector may be subject to a set of m linear equality and inequality constraints: A serious numerical problem can arise when some of the active constraints become (nearly) linearly ...
Carrie Brandon Elliot reviews government measures to curtail growth in executive compensation and the debate surrounding their effectiveness.
We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each ...
Borraz, Fernando, Alberto Cavallo, Roberto Rigobon, and Leandro Zipitria. "Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints." International Journal of Finance ...
We extend the work of Letchford [Letchford, A. N. 2000. Separating a superclass of comb inequalities in planar graphs. Math. Oper. Res. 25 443-454] by introducing a new class of valid inequalities for ...
The NLP procedure (NonLinear Programming) offers a set of optimization techniques for minimizing or maximizing a continuous nonlinear function f(x) of n decision variables, x = (x 1, ... ,x n) T with ...