Implementing No-Derivative Optimizing Procedures for Optimization of Econometric Models
The optimization algorithms used in the computer program LOS (= Large Optimizing System) are described in this paper. Not only the no-derivative but eeven a gradient method implemented recently are on investigation. Time consumption and robustness of the methods are reported optimizing a medium-sized non-linear econometric model on a PC.
Barabas, G. (1992), Implementing No-Derivative Optimizing Procedures for Optimization of Econometric Models. In Hans Amman, David A. Belsley und Louis F. Pau (Hrsg.), Computational Economics and Econometrics. Dordrecht: Kluwer Academic Publishers, 121-135.