AN INTERVAL BRANCH-AND-BOUND ALGORITHM FOR GLOBAL OPTIMIZATION OF A MULTIPERIOD PRICING MODEL

Authors
VENKATARAMANAN MA CABOT AV WINSTON WL
Citation
Ma. Venkataramanan et al., AN INTERVAL BRANCH-AND-BOUND ALGORITHM FOR GLOBAL OPTIMIZATION OF A MULTIPERIOD PRICING MODEL, Computers & operations research, 22(7), 1995, pp. 681-687
Citations number
19
Categorie Soggetti
Operatione Research & Management Science","Operatione Research & Management Science","Computer Science Interdisciplinary Applications","Engineering, Industrial
Journal title
Computers & operations research → ACNP
ISSN journal
03050548
Volume
22
Issue
7
Year of publication
1995
Pages
681 - 687
Database
ISI
SICI code
0305-0548(1995)22:7<681:AIBAFG>2.0.ZU;2-9
Abstract
Pricing copyable products to increase overall welfare is an: important economic question. An indefinite mathematical program representing a priding model is solved through an interval branch and bound algorithm . This paper illustrates interval arithmetic as an effective tool to s olve realistic models which are not suitable for classical solution te chniques. Computational results provide insight into the efficiency of various inclusion function forms.