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The Heckman (1981) approach suggests enriching the likelihood function with the reduced form equation for the initial observation and then maximize using the full set of sample observations, allowing for cross-correlation.6.
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The log-likelihood over all individuals can be maximized using the expectation maximization algorithm.
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Such likelihood can be maximized using an alternating optimization method.
The NPV functional is efficiently maximized using a Bound Optimization BY Quadratic Approximation, BOBYQA, algorithm.
This NPV functional is maximized using a derivative-free optimization (DFO) algorithm, BOBYQA.
The energy efficiency of the system has been maximized using an iterative combinatorial auction game approach.
The value of B was maximized using the downhill simplex method [37].
The other three components have to be maximized using a Newton-type method.
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