Optimizing Long-term Incentive Plans


Figure 13 The optimization trail of Allianz and ING from starting point to end (optimized) point without gradient or Hessian matrix



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Figure 13 The optimization trail of Allianz and ING from starting point to end (optimized) point without gradient or Hessian matrix.

Figure 14 The optimization trail of Allianz and ING from starting point to end (optimized) point with the specification of the gradient.




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