{"product_id":"optimization-heuristics-in-econometrics-isbn-9780471856313","title":"Optimization Heuristics in Econometrics","description":"Many problems in statistics and econometrics offer themselves naturally to the use of optimization heuristics. Standard methods applied to highly complex problems often produce approximate results, of unknown quality, based on heavy assumptions. Optimization heuristic methods provide powerful results to many complex problems, combined with relatively simple implementation. The techniques used in optimization heurisitics can be applied to problems encountered in econometrics, statistics and operations research.\u003cbr\u003e * Offers a self-contained introduction to optimization heuristics in econometrics and statistics\u003cbr\u003e * Features many examples of optimization heuristic methods applied to real problems\u003cbr\u003e * Includes detailed coverage of the threshold accepting heuristic methods applied to real problems\u003cbr\u003e * Provides suggestions for further reading\u003cbr\u003e Split into three parts, the book opens with a general introduction to optimization in statistics and econometrics, followed by detailed discussion of a relatively new and very powerful optimization heuristic, threshold accepting. The final part consists of many applications of the methods described earlier, encompassing experimental design, model selection, aggregation of time series, and censored quantile regression models.\u003cbr\u003e Those researching and working in econometrics, statistics and operations research are given the tools to apply optimization heuristic methods to real problems in their work. Postgraduate students of statistics and econometrics will find the book provides a good introduction to optimization heuristic methods.Moderne heuristische Optimierungsverfahren in der Technik, der Operationsforschung, der Statistik und Ökonometrie werden in diesem neuen Band behandelt. Der Autor vermittelt alle theoretischen Grundlagen zur praktischen Anwendung der beschriebenen Verfahren. Spezielle Einsatzgebiete der Methoden werden durchgängig angegeben und erläutert. (12\/00)  Preface.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e OPTIMIZATION IN STATISTICS AND ECONOMETRICS.\u003cbr\u003e \u003cbr\u003e Optimization in Economics.\u003cbr\u003e \u003cbr\u003e Optimization in Statistics and Econometrics.\u003cbr\u003e \u003cbr\u003e The Heuristic Optimization Paradigm.\u003cbr\u003e \u003cbr\u003e HEURISTIC OPTIMIZATION: THRESHOLD ACCEPTING.\u003cbr\u003e \u003cbr\u003e Optimization Methods.\u003cbr\u003e \u003cbr\u003e The Global Optimization Heuristic Threshold Accepting.\u003cbr\u003e \u003cbr\u003e Relative Performance of Threshold Accepting.\u003cbr\u003e \u003cbr\u003e Tuning of Threshold Accepting.\u003cbr\u003e \u003cbr\u003e A Practical Guide to the Implementation of Threshold Accepting.\u003cbr\u003e \u003cbr\u003e APPLICATIONS IN STATISTICS AND ECONOMETRICS.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Experimental Design.\u003cbr\u003e \u003cbr\u003e Identification of Multivariate Lag Structures.\u003cbr\u003e \u003cbr\u003e Optimal Aggregation.\u003cbr\u003e \u003cbr\u003e Censored Quantile Regression.\u003cbr\u003e \u003cbr\u003e Continuous Global Optimization.\u003cbr\u003e \u003cbr\u003e CONCLUSION AND OUTLOOK.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Outlook for Further Research.\u003cbr\u003e \u003cbr\u003e References.\u003cbr\u003e \u003cbr\u003e List of Symbols.\u003cbr\u003e \u003cbr\u003e Author Index.\u003cbr\u003e \u003cbr\u003e Subject Index.  \"For statisticians and econometricians with a general interest in new optimization paradigms, Winker...introduces optimization heuristics for application...\" (Reference Research Book News, Vol. 16, No. 3, August 2001)  \u003cp\u003e\"...a very fine textbook ... does an excellent job of motivating ones . interests in optimization heuristics.\" (Technometrics, Vol. 43, No. 4, November 2001)\u003c\/p\u003e \u003cp\u003e\"a text that comprehensively addresses this 'art' is to be congratulated...\" (Short Book Reviews, August 2002) \u003c\/p\u003e \u003cp\u003e...\"The book is recommend ... the postgraduate students the book provides a valuable introduction to optimization heuristics.\" (Zentralblatt MATH, Vol.1001, No.01, 2003)\u003c\/p\u003e  \u003cp\u003ePeter Winker is the author of Optimization Heuristics in Econometrics : Applications of Threshold Accepting, published by Wiley.   Many problems in statistics and econometrics offer themselves naturally to\u003cbr\u003e the use of optimization heuristics. Standard methods applied to highly\u003cbr\u003e complex problems often produce approximate results, of unknown quality,\u003cbr\u003e based on heavy assumptions. Optimization heuristic methods provide\u003cbr\u003e powerful results to many complex problems. combined with relatively\u003cbr\u003e simple implementation.\u003cbr\u003e * Offers a self-contained introduction to optimization heuristics in econometrics and statistics\u003cbr\u003e * Features many examples of optimization heuristic methods applied to real problems\u003cbr\u003e * Includes detailed coverage of the threshold accepting heuristic\u003cbr\u003e * Provides suggestions for further reading\u003cbr\u003e Split into three parts, the book opens with a general introduction to\u003cbr\u003e optimization in statistics and econometrics, followed by detailed discussion\u003cbr\u003e of a relatively new and very powerful optimization heuristic, threshold\u003cbr\u003e accepting. The final part consists of many applications of the methods\u003cbr\u003e described earlier, encompassing experimental design, model selection,\u003cbr\u003e aggregation of tiime series, and censored quantile regression models.\u003cbr\u003e Those researching and working in econometrics, statistics and operations\u003cbr\u003e research are given the tools to apply optimization heuristic methods in their\u003cbr\u003e work. Postgraduate students of statistics and econometrics will find the\u003cbr\u003e book provides a good introduction to optimization heuristic methods.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989722218725,"sku":"NP9780471856313","price":214.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471856313.jpg?v=1761785247","url":"https:\/\/k12savings.com\/products\/optimization-heuristics-in-econometrics-isbn-9780471856313","provider":"K12savings","version":"1.0","type":"link"}