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Envelope condition method versus endogenous grid method for solving dynamic programming problems
Hoover Institution, Stanford University, USA University of Alicante, Spain
2015/7/21
We introduce an envelope condition method (ECM) for solving dynamic programming problems. The ECM method is simple to implement, dominates conventional value function iteration and is comparable in ac...
Counting the World's Poor: Problems and Possible Solutions
the World's Poor Problems Possible Solutions
2014/3/18
As recent discussions have made clear, the apparent lack of poverty reduction in the face of historically high rates of economic growth-both in the world as a whole and in specific coun- tries (most n...
Economic classification and regression problems and neural networks
multilayer neural networks classification bankruptcy prediction time series prediction neural network training error functions
2014/2/27
Artificial neural networks provide powerful models for solving many economic classifications, as well as regression problems. For example, they were successfully used for the discrimination between he...
Global problems of the world – structure, urgency
global problems intersocial global problems natural-social problems anthropo-social problems
2014/3/10
Global problems are very different. The division of global problems into three big groups: Inter-social global problems usually included the problems like the problem of diverting world wars, nuclear,...
NGOs, Networking, and Problems of Representation
NGOs Networking Problems of Representation
2014/6/25
Networking is currently recommended as particularly suitable for NGOs to improve performance and enhance impact. Since many NGOs are small and dispersed, networking is commonly seen as a coat-effectiv...