optimal policy

optimal policy

[′äp·tə·məl ′päl·ə·sē]
(mathematics)
In optimization problems of systems, a sequence of decisions changing the states of a system in such a manner that a given criterion function is minimized.
References in periodicals archive ?
When federal states, regions or even countries within a monetary union are symmetric--identical in every relevant way--then setting an optimal monetary policy for the union is the same as setting an optimal policy for each member state.
Through the mechanism of action of formation and evolution of the "chain mode innovation" in national value chain, select policy combination that is advantageous to the evolution of the value chain; set up corporate behavior simulation model; set parameters for related policy to conduct simulation study; evaluate implementation effect of policy; and then adjust the policy content, simulate, try and adjust continuously, finally form the optimal policy mix.
PRINTEGER will provide concrete tools and advice to promote research integrity in Europe through four specific target groups: advice on an optimal policy mix and opportunities for harmonisation to research policy makers; best practice approaches to foster integrity for research leaders and managers; advice on the use of IT tools and organisational measures for research support organisations; practice-informed educational tools for ethical training and reflection of early career scientists.
However, unlike Alvarez-Parra and Sanchez (2009), here we assume that the optimal policy must prevent informality.
He said that the meeting also provides to share assessment of the current economic situation and bring consistencies in economic targets and see how we can adopt optimal policy measures for economic stability and growth.
In the optimal policy analysis, the steady-state rate of inflation is zero ([bar.
According to an optimal control approach, if the Fed could commit today to the optimal policy rate path, it could reduce unemployment faster than if it followed other policies.
I have now reached a conclusion regarding the optimal policy to be implemented in Romeria.
Far from a world of optimal policy, central bankers have been forced into prolonged reliance on imperfect approaches.
In other words, it has been a necessity but not an optimal policy.
The subtle link backward from the future to the present and its impact on optimal policy have powerful implications for government.
Models that analyze policies to promote economic growth, for example, differ from models that describe the optimal distribution of income or the optimal policy for internalizing an externality (see Holcombe 1989).

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