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The iterative algorithm spends much less time than the method of solving entire optimal conditions on finding out the budget allocation and the competitive equilibrium.
Treating the budget allocation problem by solving the entire optimal conditions can obtain a budget allocation where the competitive equilibrium has exactly identical individual utility value for each user.
Two approaches are adopted to find out the budget allocation strategy: one is solving the entire optimality conditions in (11) by optimization solver LINGO; the other is iteratively adjusting total budget among different users based on whether their power demands are satisfied or not.
How do we determine budget allocation?
Last year its budget allocation leapt by 17%.
An automated web-based budget allocation index (BAI-Prioritizer) is developed to prioritize budget allocation to various water network projects.
Finally, capital spend should be provided upfront as part of the budget allocation.
This compares to an annual government budget allocation of around £5.5bn for research in universities.
Finally, the entire budget is a fraud.
budget allocation.
Fig. 1 Budget allocation penalties.
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