Some notes on the computational complexity of optimal aggregation
Peter Winker
No 184, Discussion Papers, Series II from University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy"
Abstract:
A combinatorical problem is said to be of high computational complexity, if it can be shown that every efficient algorithm needs a high amount of resources as measured in Computing time or storage capacity. This paper will (1) introduce some basic concepts of mathematical complexity theory; (2) show that the problem of Optimal Aggregation is of high computational complexity; and (3) outline a possible way to obtain results good enough for practical use despite of this high computational complexity.
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:kondp2:184
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