Cost functions are nonconvex in the outputs when the technology is nonconvex: convexification is not harmless.
Kristiaan KerstensIgnace Van de WoestynePublished in: Ann. Oper. Res. (2021)
Keyphrases
- cost function
- optimization problems
- global optimization
- convex optimization
- nonlinear programming
- objective function
- quadratic optimization problems
- cost effective
- case study
- dynamic programming
- data processing
- personal computer
- data sets
- mixed integer nonlinear programming
- real time
- neural network
- key technologies
- convex functions
- lagrange multipliers
- globally convergent