Title: Constructing and Applying Objective Functions: Proceedings of the Fourth International Conference on Econometric Decision Models Constructing and . in Economics and Mathematical Systems, 510)
Publisher: Springer
Publication Date: 2001
Language: English
ISBN 10: 3540426698
ISBN 13: 9783540426691
Binding: Soft cover
Condition: New

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Synopsis

For some seven decades, econometrics has been almost exclusiveley dealing with constructing and applying econometric equation systems, which constitute constraints in econometric optimization models. The second major component, the scalarvalued objective function, has only in recent years attracted more attention and some progress has been made. This book is devoted to theories, models and methods for constructing scalarvalued objective functions for econometric optimization models, to their applications, and to some related topics like historical issues about pioneering contributions by Ragnar Frisch and Jan Tinbergen.

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