Ebook: Constructing and Applying Objective Functions: Proceedings of the Fourth International Conference on Econometric Decision Models Constructing and Applying Objective Functions, University of Hagen, Held in Haus Nordhelle, August, 28 — 31, 2000

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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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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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.
Content:
Front Matter....Pages I-X
Front Matter....Pages 1-1
Opening Remarks: A Retrospection over 35 Years of Work....Pages 3-13
Front Matter....Pages 15-15
Decision Models and Preferences: The Pioneering Contributions of Ragnar Frisch....Pages 17-36
Experiments with Preference Functions....Pages 37-60
Front Matter....Pages 61-61
On the Extension of Utility Functions....Pages 63-74
Numerical Representation of Binary Relations with Multiplicative Error Function: A General Case....Pages 75-86
Front Matter....Pages 87-87
Utility Functions, Prices, and Cost Functions on a Lattice of Information Commodities....Pages 89-103
A Structure of Joint Irreducible Sets for Classically Rationalizable Choice Operators....Pages 104-114
Front Matter....Pages 115-115
A Unified Model for Cardinally and Ordinally Constructing Quadratic Objective Functions....Pages 117-169
Constructing Separable Objective Functions....Pages 170-211
Front Matter....Pages 213-213
Constructing Utility Functions by Methods of Nondifferentiable Optimization....Pages 215-232
Adjusting an Objective Function to a Given Optimal Solution in Linear and Linear-fractional Programming....Pages 233-244
Front Matter....Pages 245-245
An Objective Function of Artificial Psychology for a Computer System of Fashion Fitting....Pages 247-259
Ranking of Second-hand Policies....Pages 260-279
Experience in Using Recursive Utility Theory....Pages 280-296
A Model for Management of a Gas-field....Pages 297-308
Constructing Quadratic Objective Functions by Linear Programming with an Application to Pure Exchange....Pages 309-330
Choice of Customer Products on the Basis of a Decision Model....Pages 331-346
Front Matter....Pages 347-347
Decision Support Multifunctional System “Ukrainian Budget*....Pages 349-365
Towards an Objective Function for Slovenian Fiscal Policy-making: A Heuristic Approach....Pages 366-389
Front Matter....Pages 391-391
On Distributed Resource Allocation in a Communication System....Pages 393-407
Front Matter....Pages 391-391
Social Equilibria for Competitive Resource Allocation Models....Pages 408-419
Reallocation of Budgets with an Objective Function....Pages 420-440
Front Matter....Pages 441-441
A Generalization of the Nonparametric Method in Case of Trade Statistics not Satisfying the Hypothesis of Rational Behavior....Pages 443-452
Variation Principles in Models of Economic Equilibrium....Pages 453-462
Uniformly Most Powerful Tests for Optimum Equilibrium....Pages 463-470
Front Matter....Pages 471-471
A Family of the Least Power Values for Cooperative TU Games....Pages 473-494
Goal Programming Solutions Generated by Utility Functions....Pages 495-514
Social Welfare Functions for Different Subgroup Utility Scales....Pages 515-530
Front Matter....Pages 531-531
Statistical Games for Discrete Distributions....Pages 533-548
A Computer Program for Constructing Quadratic Objective Functions....Pages 549-570
Back Matter....Pages 571-586

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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.
Content:
Front Matter....Pages I-X
Front Matter....Pages 1-1
Opening Remarks: A Retrospection over 35 Years of Work....Pages 3-13
Front Matter....Pages 15-15
Decision Models and Preferences: The Pioneering Contributions of Ragnar Frisch....Pages 17-36
Experiments with Preference Functions....Pages 37-60
Front Matter....Pages 61-61
On the Extension of Utility Functions....Pages 63-74
Numerical Representation of Binary Relations with Multiplicative Error Function: A General Case....Pages 75-86
Front Matter....Pages 87-87
Utility Functions, Prices, and Cost Functions on a Lattice of Information Commodities....Pages 89-103
A Structure of Joint Irreducible Sets for Classically Rationalizable Choice Operators....Pages 104-114
Front Matter....Pages 115-115
A Unified Model for Cardinally and Ordinally Constructing Quadratic Objective Functions....Pages 117-169
Constructing Separable Objective Functions....Pages 170-211
Front Matter....Pages 213-213
Constructing Utility Functions by Methods of Nondifferentiable Optimization....Pages 215-232
Adjusting an Objective Function to a Given Optimal Solution in Linear and Linear-fractional Programming....Pages 233-244
Front Matter....Pages 245-245
An Objective Function of Artificial Psychology for a Computer System of Fashion Fitting....Pages 247-259
Ranking of Second-hand Policies....Pages 260-279
Experience in Using Recursive Utility Theory....Pages 280-296
A Model for Management of a Gas-field....Pages 297-308
Constructing Quadratic Objective Functions by Linear Programming with an Application to Pure Exchange....Pages 309-330
Choice of Customer Products on the Basis of a Decision Model....Pages 331-346
Front Matter....Pages 347-347
Decision Support Multifunctional System “Ukrainian Budget*....Pages 349-365
Towards an Objective Function for Slovenian Fiscal Policy-making: A Heuristic Approach....Pages 366-389
Front Matter....Pages 391-391
On Distributed Resource Allocation in a Communication System....Pages 393-407
Front Matter....Pages 391-391
Social Equilibria for Competitive Resource Allocation Models....Pages 408-419
Reallocation of Budgets with an Objective Function....Pages 420-440
Front Matter....Pages 441-441
A Generalization of the Nonparametric Method in Case of Trade Statistics not Satisfying the Hypothesis of Rational Behavior....Pages 443-452
Variation Principles in Models of Economic Equilibrium....Pages 453-462
Uniformly Most Powerful Tests for Optimum Equilibrium....Pages 463-470
Front Matter....Pages 471-471
A Family of the Least Power Values for Cooperative TU Games....Pages 473-494
Goal Programming Solutions Generated by Utility Functions....Pages 495-514
Social Welfare Functions for Different Subgroup Utility Scales....Pages 515-530
Front Matter....Pages 531-531
Statistical Games for Discrete Distributions....Pages 533-548
A Computer Program for Constructing Quadratic Objective Functions....Pages 549-570
Back Matter....Pages 571-586
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