The concept of slope is important in economics because it is used to measure the rate at which changes are taking place. Economists often look at how things change and about how one item changes in ...

PiecewiseLinearOpt.jl is a JuMP extension for modeling optimization problems containing piecewise linear functions. This package is an accompaniment to a paper entitled Nonconvex piecewise linear ...

Often in economics a linear function cannot explain the relationship between variables. In such cases a non-linear function must be used. Non-linear means the graph is not a straight line. The graph ...

ABSTRACT: This paper presents a new dimension reduction strategy for medium and large-scale linear programming problems. The proposed method uses a subset of the original constraints and combines two ...