Article
The ratio versus difference optimization and its implications for optimality theory
2020-12-16
Abstract excerpt
Among the classical models of optimization, some models maximize the ratio of returns per investment, others maximize the difference between returns and investment. However, the question under what conditions use of the ratio model is appropriate and under what conditions a difference model should be used remained unaddressed until recently. The question is important because the strategies indicated by ratio optim...
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Identifiers and source
- Literature Corpus work
- 23826af3-2b56-5c01-8c84-1b1f82cc140c
- DOI
- 10.1101/2020.12.15.422822