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Optimal Expansion of Competence Sets with Intermediate Skills and Compound Nodes

Author

Listed:
  • D. S. Shi

    (Zhejiang Institute of Finance and Economics)

  • P. L. Yu

    (University of Kansas)

Abstract

This paper provides a method for finding the optimal expansion process of the competence set in generalized situations in which the cost functions are asymmetric and the directed graphs, which depict all possible expansion processes, have cycles and contain intermediate skills and compound nodes.

Suggested Citation

  • D. S. Shi & P. L. Yu, 1999. "Optimal Expansion of Competence Sets with Intermediate Skills and Compound Nodes," Journal of Optimization Theory and Applications, Springer, vol. 102(3), pages 643-657, September.
    • Handle: RePEc:spr:joptap:v:102:y:1999:i:3:d:10.1023_a:1022654207989
    DOI: 10.1023/A:1022654207989
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    References listed on IDEAS

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    1. Yu, Po L. & Zhang, Dazhi, 1990. "A foundation for competence set analysis," Mathematical Social Sciences, Elsevier, vol. 20(3), pages 251-299, December.
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