Understand how approximation algorithms compute solutions that are guaranteed to be within some constant factor of the optimal solution. Develop a basic understanding of how linear and integer ...

This article describes three approximation methods I used to solve the growth model (Model 1) studied by the National Bureau of Economic Research's nonlinear rational-expectations-modeling group ...

Econometrica, Vol. 35, No. 3/4 (Jul. - Oct., 1967), pp. 447-471 (25 pages) ...