A. Jesus Sanchez Fuentes () (Department of Economics, Universidad Pablo de Olavide) Diego Martinez Lopez () (Centro de Estudios Andaluces and Department of Economics, Universidad Pablo de Olavide)
Additional information is available for the following
registered author(s):
This paper describes a new method for solving non-regular constrained optimization problems when standard methodologies do not work properly. Our method (the Rational Iterative Multisection Procedure, RIMP) consists of different stages that can be interpreted as different requirements of precision by obtaining the optimal solution. We have performed an application of RIMP to the case of public inputs provision under two tax settings. We prove that the RIMP and the standard Newton-Raphson (NR) method achieve the same results with regular optimization problems while the RIMP takes advantage over NR when facing non-regular optimization problems.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Universidad Pablo de Olavide, Departamento de Economía in its series Working Papers with number
06.35.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Diego Martinez Lopez & A. Jesus Sanchez Fuentes, 2006.
"On the optimal level of public inputs,"
Working Papers
06.34, Universidad Pablo de Olavide, Departamento de Economía, revised Mar 2008.
[Downloadable!]
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Diego Martinez Lopez & A. Jesus Sanchez Fuentes, 2006.
"On the optimal level of public inputs,"
Working Papers
06.34, Universidad Pablo de Olavide, Departamento de Economía, revised Mar 2008.
[Downloadable!]