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As businesses pivot in 2021 toward growth and new strategies, objective functions will be more important than ever to set priorities and define success.
Agreement on a single objective function enables a more rational, linear way of ratcheting up everyone’s best current thinking, minimizing the time spent on individuals’ emotions and personal ...
Leena Lankoski ¹², N. Craig Smith ², Alternative Objective Functions for Firms, Organization & Environment, Vol. 31, No. 3, Special Issue: Creating Value for ...
One topic of research that keeps popping up is the question of what the central bank objective function should be.
Most large language models have the same basic objective function: Given a sequence of text, guess what comes next.
Though this might make the objective function seem unstable, it is difficult to avoid, and would not become an obstacle for the central bank to pursue a multi-objective mechanism. (2) Complication of ...
David Kelsey, Frank Milne, Externalities, Monopoly and the Objective Function of the Firm, Economic Theory, Vol. 29, No. 3 (Nov., 2006), pp. 565-589 ...