Sentence examples for models of optimal from inspiring English sources

The first of these encompasses the work of economic theorists and others who begin with models of optimal behaviour and proceed by imposing new kinds of constraints on the decision maker.

In particular, work by Douglas Bernheim, an economist at Stanford, suggested a dramatic undersaving by most households.A second group of studies, pioneered by Eric Engen of the Federal Reserve, Bill Gale of the Brookings Institution, and Cori Uccello of the Urban Institute, built more sophisticated models of optimal saving, and painted a less gloomy picture.

This general phenomenon that boundedly rational behaviour can be made to look fully rational by broadening the scope of the choice problem to which it is seen as a response has led some commentators to suggest that models of optimal decision making are adequate for social scientific purposes as long as the environment in which an agent chooses is always described "comprehensively".

Hence, it is challenging to select models of optimal model complexity, which suffer neither from underfitting nor from overfitting.

This approach enables us to take stochastic models of optimal foraging as a basis for input mutation.

For construction of the optimal control synthesis the basic elements of models of optimal economic growth are used.

A dynamic model of optimal timing is applied to the problem of optimization of an innovation process in a competitive market environment.

Open image in new window Fig. 1 Two-level model of optimal multi-area reserve schedule.

We present the first model of optimal voting under adversarial noise.

We construct a model of optimal unemployment insurance where multiple incentive constraints are easily handled.

Another such issue might be the determination of taxes by the government in a model of optimal taxation.