Application of stochastic optimization methods to analysis of the processes of economic transformation


  • I. V. Sergienko
  • M. V. Mikhalevich


The last decade experience of stochastic optimization models application for transition economy analysis and for decision support is generalized in the paper. Among them models of fiscal policy, investment priorities formation and export-import trade are considered. It is shown how the existing methods of stochastic optimization can be used in model calculations under the different assumptions about the nature of risk and uncertainty.

Author Biographies

I. V. Sergienko

Sergienko I.V.

M. V. Mikhalevich

Mikhalevich M.V.



Methods of optimization, optimum control and theory of games