Linear approximations to Euler equations imply a linear relationship between expected consumption growth and uncertainty in consumption growth, with a slope coefficient that is a function of the ...

Formulate linear and integer programming problems for solving commonly encountered optimization problems. Understand how approximation algorithms compute solutions that are guaranteed to be within ...

We use approximate linear programming to solve the problem under three approximation architectures: affine, separable piecewise linear and finite affine. The finite affine approximation is a recently ...

Econometrica, Vol. 35, No. 3/4 (Jul. - Oct., 1967), pp. 447-471 (25 pages) ...