Essays about: "optimality rules"
Found 3 essays containing the words optimality rules.
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1. AUTOMATED OPTIMAL FORECASTING OF UNIVARIATE MONITORING PROCESSES : Employing a novel optimal forecast methodology to define four classes of forecast approaches and testing them on real-life monitoring processes
University essay from Umeå universitet/Institutionen för matematik och matematisk statistikAbstract : This work aims to explore practical one-step-ahead forecasting of structurally changing data, an unstable behaviour, that real-life data connected to human activity often exhibit. This setting can be characterized as monitoring process. READ MORE
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2. Back to a General Theory - An Essay in Persuasion
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Many Western countries experience failing monetary policy after the 2008 financial crisis. The lack of alternatives to established rules, even when they appear to fail, motivates a close look at the economic ideas John Maynard Keynes developed in his crisis-ridden lifetime, to answer the question: What can Keynes' writings contribute to the contemporary macroeconomic discussion? We trace from the publication of the General Theory (1936) until our time how macroeconomics has narrowed down into theoretical consensus, elevating policy recommendations developed in moderate times to an exclusive status of optimality. READ MORE
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3. Robust Optimization in Seasonal Planning of Hydro Power Plants
University essay from KTH/Optimeringslära och systemteoriAbstract : Hydro power producers are faced with the task of releasing water from the reservoirs in the right time. To do this there are tools using stochastic optimization that aims at maximizing the income of that producer. The existing methods have a high computing time and grow exponentially with the size of the problem. READ MORE
