Benchmarking Global Optimizers

Antoine Arnoud, Fatih Guvenen, Tatjana Kleineberg

NBER Working Paper No. 26340
Issued in October 2019

---- Acknowledgments ----

Special thanks to Anthony Smith, Serdar Ozkan, and Fatih Karahan for their collaboration with Guvenen on projects that employed earlier versions of TikTak and making significant contributions to the algorithm; to Michelle Rendall, Rocio Madera, David Domeij and Chris Busch for collaborations on subsequent projects that used TikTak; and to Arun Kandanchatha for writing the TikTak Fortran code used in this paper as a generic, stand-alone, user-friendly program. Leo Stanek provided outstanding research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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