Institute of Information Theory and Automation

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Stochastic Decision Approaches in Nonlinear Economic Models

Agency: 
GACR
Identification Code: 
GA402/04/1294
Start: 
2004-01-01
End: 
2006-01-01
Project Focus: 
teoretický
Project Type (EU): 
other
Abstract: 
Economic and social phenomena develop over time, they are mostly influenced by random factors and, moreover, it is necessary very often to evaluate them simultaneously by several "utility" functions. Consequently, construction of the corresponding mathematical models is generally complicated. The situation is surely much more complicated under the conditions of transient economics, namely there economic phenomena develop under special conditions and classical models cannot be applied without modifications. However, economic processes connected with inflation, unemployment, structural changes of industry, financial and capital markets develop over time and must be continually influenced. The aim of the proposed grant project is to continue, generalize and specify the models constructed and investigated in the framework of the grant projects No.402/98/0742 and No.402/01/0539; both supported by the GA ČR. Great attention will be paid to a construction of multicriteria "dynamic" models and the
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dostalova: 2012-03-16 09:51