Econometric specification of constrained optimization models
Torbjörn Jansson
Broschiertes Buch

Econometric specification of constrained optimization models

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Many real-world phenomena, in particular in economics, are modelled as constrained optimization problems. The usefulness of such models depends on the values of their parameters garbage in, garbage out. Traditional statistical methods generally lack the ability to make efficient use of the multiple data sources upon which such models depend and to provide estimates that are consistent with a model structure that may be both non-linear and inequality-constrained. This is book proposes and demonstrates methods for econometric specification of parameters of constrained optimization models, with s...