Variations in the application of a budget of uncertainty optimization approach
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DOI: 10.1007/s00158-016-1473-7
Abstract: It is possible to consider uncertainty simultaneously with the design process. In fact, a Budget of Uncertainty(BoU) can be determined alongside the design solution, allowing the determination of uncertainty intervals for selected design variables and… read more here.
Keywords: uncertainty; budget uncertainty; optimization; problem ... See more keywords
Budget uncertainty in a monetary union
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DOI: 10.1016/j.ejpoleco.2020.101884
Abstract: Abstract Governments in a monetary union fear spending disturbances. We distinguish them according to their ability to hedge against these disturbances and assume that they derive their optimal fiscal decisions by using a robust control… read more here.
Keywords: uncertainty monetary; budget uncertainty; spending disturbances; monetary union ... See more keywords