We analyze a model of irreversible investment with two sources of uncertainty. A riskneutral decision maker has the choice between two mutually exclusive projects under input pric...
Traditionally, clustering problems are investigated under the assumption that all objects must be clustered. A shortcoming of this formulation is that a few distant objects, calle...
We discuss tournaments in terms of their efficiency as probabilistic mechanisms that select high-quality alternatives ("players") in a noisy environment. We use two crit...
Outer linearization methods for two-stage stochastic linear programs with recourse, such as the L-shaped algorithm, generally apply a single optimality cut on the nonlinear object...
Svyatoslav Trukhanov, Lewis Ntaimo, Andrew Schaefe...
Random yield affects production decisions and performances of all parties in a supply chain. We study a simple supply chain with one supplier and one retailer where there is rando...
The Satisfactory Partition problem asks for deciding if a given graph has a partition of its vertex set into two nonempty parts such that each vertex has at least as many neighbor...
ic copy available at: http://ssrn.com/abstract=1115410 Inventory Systems with Stochastic Demand and Supply: Properties and Approximations Amanda J. Schmitt Center for Transportatio...
Amanda J. Schmitt, Lawrence V. Snyder, Zuo-Jun Max...