We consider the classical multi-armed bandit problem with Markovian rewards. When played an arm changes its state in a Markovian fashion while it remains frozen when not played. Th...
Abstract. What is information? Frequently spoken about in many contexts, yet nobody has ever been able to define it with mathematical rigor. The best we are left with so far is th...
The quality of multi-stage stochastic optimization models as they appear in asset liability management, energy planning, transportation, supply chain management, and other applicat...
CiteSeer and Google-Scholar are huge digital libraries which provide access to (computer-)science publications. Both collections are operated like specialized search engines, they ...
Home health care, i.e. visiting and nursing patients in their homes, is a growing sector in the medical service business. From a staff rostering point of view, the problem is to f...