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Value of adaptation in water protection : economic impacts of uncertain climate change in the Baltic Sea
Ahlvik, Lassi; Hyytiäinen, Kari - In: Ecological economics : the transdisciplinary journal of … 116 (2015), pp. 231-240
Persistent link: https://www.econbiz.de/10011497163
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Structural and Observational Uncertainty in Environmental and Natural Resource Management
Fackler, Paul L. - In: International Review of Environmental and Resource Economics 7 (2014) 2, pp. 109-139
Structural uncertainty arises when key features of the behavior of a system are not well understood. Observational uncertainty arises when key variables in a system are not directly observed. Both types of uncertainty lead to problems for standard dynamic optimization approaches. The replacement...
Persistent link: https://www.econbiz.de/10010790508
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A density projection approach for non-trivial information dynamics: Adaptive management of stochastic natural resources
Springborn, Michael; Sanchirico, James N. - In: Journal of Environmental Economics and Management 66 (2013) 3, pp. 609-624
optimal endogenous learning policy—the active adaptive management approach—and compare it to passive learning and non-learning … strategies. We demonstrate how learning improves efficiency but typically follows a period of costly short-run investment. …
Persistent link: https://www.econbiz.de/10011043130
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A minimax regret analysis of flood risk management strategies under climate change uncertainty and emerging information
Pol, Thomas van der; Gabbert, S.; Weikard, Hans-Peter; … - In: Environmental & resource economics : the official … 68 (2017) 4, pp. 1087-1109
Persistent link: https://www.econbiz.de/10011803869
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Optimizing user engagement through adaptive ad sequencing
Rafieian, Omid - In: Marketing science 42 (2023) 5, pp. 910-933
Persistent link: https://www.econbiz.de/10014393384
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An asymptotically tight learning algorithm for mobile-promotion platforms
Feng, Zhichao; Dawande, Milind; Janakiraman, Ganesh; … - In: Management science : journal of the Institute for … 69 (2023) 3, pp. 1536-1554
Persistent link: https://www.econbiz.de/10014303887
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A mechanism design approach to vendor managed inventory
Kadiyala, Bharadwaj; Özer, Özalp; Bensoussan, Alain - In: Management science : journal of the Institute for … 66 (2020) 6, pp. 2628-2652
Persistent link: https://www.econbiz.de/10012254431
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Bayesian exploration for approximate dynamic programming
Ryzhov, Ilya O.; Mes, Martijn; Powell, Warren B.; Van … - In: Operations research 67 (2019) 1, pp. 198-214
Persistent link: https://www.econbiz.de/10012000816
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An aggregation-based approximate dynamic programming approach for the periodic review model with random yield
Voelkel, Michael A.; Sachs, Anna-Lena; Thonemann, Ulrich - In: European journal of operational research : EJOR 281 (2020) 2, pp. 286-298
Persistent link: https://www.econbiz.de/10012153660
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Monitoring as a partially observable decision problem
Fackler, Paul L.; Haight, Robert G. - In: Resource and Energy Economics 37 (2014) C, pp. 226-241
Monitoring is an important and costly activity in resource management problems such as containing invasive species, protecting endangered species, preventing soil erosion, and regulating contracts for environmental services. Recent studies have viewed optimal monitoring as a Partially Observable...
Persistent link: https://www.econbiz.de/10011261599