Optimal Expansion of Competence Sets with Intermediate Skills and Compound Nodes

D. S. Shi and P. L. Yu
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D. S. Shi: Zhejiang Institute of Finance and Economics
P. L. Yu: University of Kansas

Journal of Optimization Theory and Applications, 1999, vol. 102, issue 3, No 8, 643-657

Abstract: Abstract This paper provides a method for finding the optimal expansion process of the competence set in generalized situations in which the cost functions are asymmetric and the directed graphs, which depict all possible expansion processes, have cycles and contain intermediate skills and compound nodes.

Keywords: Competence set analysis; intermediate skills; compound nodes; tree expansion processes (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1023/A:1022654207989

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