OPTIMIZING COMPLEX BIOECONOMIC SIMULATIONS USING AN EFFICIENT SEARCH HEURISTIC

dc.creatorKazmierczak, Richard F., Jr.
dc.date2017-04-01T19:29:08Z
dc.date.accessioned2026-07-09T04:14:05Z
dc.descriptionFor simulation to be truly useful for investigating many problems in agricultural economics, non-simplifying optimization techniques need to be employed. General methods for simulation optimization that do not inhibit system characterization or analysis are available, and they would appear to provide much of the mathematical and optimizing rigor demanded by economists. This paper describes the theory and algorithm of a robust and efficient simulation optimization approach, the Complex Method. An example of implementing the algorithm is illustrated using a pest management problem.
dc.identifierdoi:10.22004/ag.econ.31661
dc.identifierhttps://ageconsearch.umn.edu/record/31661/files/dae704.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/31661
dc.identifier.urihttp://hdl.handle.net/123456789/546830
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/31661
dc.titleOPTIMIZING COMPLEX BIOECONOMIC SIMULATIONS USING AN EFFICIENT SEARCH HEURISTIC
dc.typeText

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