37 search results - page 4 / 8 » A coupling technique for stochastic comparison of functions ... |
WSC
2007
13 years 10 months ago
2007
We consider the problem of pricing American options when the volatility of the underlying asset price is stochastic. No specific stochastic volatility model is assumed for the st...
WSC
2008
13 years 10 months ago
2008
Reinforcement Learning (RL) is a simulation-based technique useful in solving Markov decision processes if their transition probabilities are not easily obtainable or if the probl...
ICML
1998
IEEE
14 years 8 months ago
1998
IEEE
Production scheduling, the problem of sequentially con guring a factory to meet forecasted demands, is a critical problem throughout the manufacturing industry. The requirement of...
APIN
2004
13 years 7 months ago
2004
In this paper we present a new technique to simulate polymer blends that overcomes the shortcomings in polymer system modeling. This method has an inherent advantage in that the v...
IJCAI
2001
13 years 9 months ago
2001
We present a dynamic programming approach for the solution of first-order Markov decisions processes. This technique uses an MDP whose dynamics is represented in a variant of the ...