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A Novel Practical and Fast Economic Method Based on Nonconvex Quadratic Programming

Author

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  • Rodrigues, David
  • Seruca, Manuel

Abstract

In many industries such as power system, economic operations problems are usually nonconvex problems that are hard to be solved. This paper presents a novel YALMIP-based nonconvex quadratic programming model as a tool to find solution for which is accurate, and there is no need to convexify the problem. In the end, the effectiveness of the method is shown by applying it to nonconvex problems.

Suggested Citation

  • Rodrigues, David & Seruca, Manuel, 2019. "A Novel Practical and Fast Economic Method Based on Nonconvex Quadratic Programming," MPRA Paper 95392, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:95392
    as

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    File URL: https://mpra.ub.uni-muenchen.de/95392/1/MPRA_paper_95392.pdf
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    References listed on IDEAS

    as
    1. Ashkaboosi, Maryam & Ashkaboosi, Farnoosh & Nourani, Seyed Mehdi, 2016. "The Interaction of Cybernetics and Contemporary Economic Graphic Art as "Interactive Graphics"," MPRA Paper 72717, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economics; Mathematical economic model; Industrial Application;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • G1 - Financial Economics - - General Financial Markets
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • H0 - Public Economics - - General
    • L0 - Industrial Organization - - General
    • L8 - Industrial Organization - - Industry Studies: Services

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