Dynamic optimization with asymetrical penalties

  1. Jerez Méndez, Miguel
Revue:
Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales

ISSN: 2255-5471

Année de publication: 1990

Número: 3

Type: Working Paper

D'autres publications dans: Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales

Résumé

In this paper we discuss about dynamic programming models with a quadratic objetive function. An extension is suggested to relax the hypothesis of symmetric penalties. The extended model allows for a more accurate modelling of preferences.