Model Building Techniques for the Correction of End Effects in Multistage Convex Programs

Richard C. Grinold
Additional contact information
Richard C. Grinold: University of California, Berkeley, California

Operations Research, 1983, vol. 31, issue 3, 407-431

Abstract: This paper considers model building procedures that can be used to reduce end effects in multistage planning models. In particular, it emphasizes some problems that are peculiar to energy planning applications. The paper presents and compares four methods for mitigating end effects. It concludes that one of these four methods, the dual equilibrium procedure, is best. The major drawback of the dual equilibrium procedure is its lack of simplicity. If it is to be widely used, then it must be widely understood.

Keywords: 473 infinite time horizon models; 658 end effects in infinite horizon problems (search for similar items in EconPapers)
Date: 1983
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://dx.doi.org/10.1287/opre.31.3.407 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:31:y:1983:i:3:p:407-431

Access Statistics for this article

More articles in Operations Research from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().