Question

In: Economics

How does a dynamic optimality condition differ from a static optimality conditions

How does a dynamic optimality condition differ from a static optimality conditions

Solutions

Expert Solution

Dynamic optimality condition

Dynamic traffic assignment model is nonconvex mathematical program and nonlinear. optimality conditions necessary require equalization of certain marginal costs for all the paths that are being used, and these optimality conditions are shown to be a generalization of the optimality conditions of a static conventional traffic assignment problem.

Static optimality condition

The equivalent static loads method) ESLM) is a optimization structural method. This method defines two separate domains: the analysis domain and design domain.

Analysis is performed in the analysis domain, equivalent static loads (ESLs) sets are generated linear static optimization response is carried out in the design domain using the ESLs and the process iterates until the criteria stopping are satisfied. This method is quite popular and some commercial systems have installed the method.

Theoretical foundation of ESLM by park and Kang was validated for linear dynamic response optimization. They claimed that when the ESLM process terminates, the optimum satisfies solution the Karush-Kuhn-Tucker (KKT) necessary condition. Some critical issues raised by stolpe. He showed that the theoretical results in Park and Kang are not valid. In this paper, the process validation of Park and Kang is amended according to the Stolpe’s corrections. It is shown that the original claim for thecondition(kkt) is valid by adding some mathematical aspects.


Related Solutions

Discuss the static and dynamic gains from economic integration
Discuss the static and dynamic gains from economic integration
1) How does a bailment differ from a gift? 2) How does a bailment differ from...
1) How does a bailment differ from a gift? 2) How does a bailment differ from a lease? 3) Give an example of a bailment that is not a contract. Give an example of a bailment that is a contract.
How do the smith waterman and BLAST algorithm differ in terms of optimality of results and...
How do the smith waterman and BLAST algorithm differ in terms of optimality of results and computational resources required to produce them?
how does urine differ from blood
how does urine differ from blood
Discuss how bank's report of condition differ from its report of income, how the assets on...
Discuss how bank's report of condition differ from its report of income, how the assets on the balance sheet are arranged in terms of expected return and liquidity, and the major categories of off-balance-sheet activities.
5) How does mixed bundling differ from pure bundling? Under what conditions is mixed bundling preferable...
5) How does mixed bundling differ from pure bundling? Under what conditions is mixed bundling preferable to pure bundling? Why will firms practice mixed bundling instead of pure bundling? 6) Considering each of the following industries, which model, Cournot or Bertrand, will provide a better approximation to the market: the oil refining industry, dry cleaning services, insurance?
Briefly describe static linking and dynamic linking. Include the advantages and disadvantages of dynamic linking over static linking.
Briefly describe static linking and dynamic linking. Include the advantages and disadvantages of dynamic linking over static linking.Describe a Windows DLL.Suppose you are writing a DLL and need to export the function void CYBR215(). Show the C syntax to export this function for use by other modules or executables.
How does FTD differ from Alzheimer’s disease
How does FTD differ from Alzheimer’s disease
1. What is a fluid? How does it differ from a solid? How does a gas...
1. What is a fluid? How does it differ from a solid? How does a gas differ from a liquid? 2. What is the no-slip condition? What causes it? 3. What is a boundary layer? What causes a boundary layer to develop? 4. What is a Newtonian fluid? Give an example. 5. Consider two identical small glass balls dropped into two identical containers, one filled with water and the other with oil. Which ball will reach the bottom of the...
1. How does Petrolatum, U.S.P. differ from White Petrolatum, U.S.P.? 2. How does Paraffin, U.S.P. differ...
1. How does Petrolatum, U.S.P. differ from White Petrolatum, U.S.P.? 2. How does Paraffin, U.S.P. differ from Petrolatum, U.S.P.? 3. Name two (2) disadvantages of hydrocarbon ointment bases?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT