An equation is a mathematical statement showing that two expressions are equal. The two expressions are linked with an equals symbol (=). The unknown variable (often the letter \(x\)) can take any ...
This paper deals with the nonlinear complementarity problem on the product space of unit simplices, S. A simplicial variable dimension algorithm developed by van der Laan and Talman for proper ...
We develop a new solution method for a broad class of discrete-time dynamic portfolio choice problems. The method efficiently approximates conditional expectations of the value function by using (i) a ...
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