Showing 1 - 10 of 20
We analyze a case study and we model it as a variant of the Traveling Salesman Problem. It is characterized by multiple time windows, variable service duration, priority constraints, and appointments with customers. The definition of the feasible region differs from the classical one: a maximum...
Persistent link: https://www.econbiz.de/10008693480
In Europe, when an imbalance between demand and capacity is detected for air traffic network resources, Air Traffic Flow Management slots are allocated to flights on the basis of a First Planned First Served principle. We propose a market mechanism to allocate such slots in the case of a single...
Persistent link: https://www.econbiz.de/10008492038
To test for the adaptive optimization of risk attitudes, we use a simple model of preferences among lotteries, where agents evolve with a Genetic Algorithm. We find that the genetic selection operator are fundamental in determining the outcomes of the simulations, along with the possibility of...
Persistent link: https://www.econbiz.de/10005076133
Market segmentation is a fundamental topic of marketing theory and practice. We bring some market segmentation concepts into the statement of an advertising and production problem for a seasonal product with Nerlove-Arrow's linear goodwill dynamics, along the lines of some analyses concerning...
Persistent link: https://www.econbiz.de/10005076134
In this paper we propose a financial trading system whose trading strategy is developed by means of an artificial neural network approach based on a learning algorithm of recurrent reinforcement type. In general terms, this kind of approach consists: first, in directly specifying a trading...
Persistent link: https://www.econbiz.de/10005076145
In the 2-period Balanced Traveling Salesman Problem (2B-TSP), the customers must be visited over a period of two days: some must be visited daily, and the others on alternate days (even or odd days); moreover, the number of customers visited in every tour must be balancedâ, i.e. it must be the...
Persistent link: https://www.econbiz.de/10005700790
In recent years the popularity of indexing has greatly increased in financial markets and many different families of products have been introduced. Often these products also have a minimum guarantee in the form of a minimum rate of return at specified dates or a minimum level of wealth at the...
Persistent link: https://www.econbiz.de/10005700796
Decision on the use of different advertising media is a critical issue in marketing. Drawing on some literature related to the dynamic Nerlove-Arrow model, we propose a nonlinear programming framework for discussing how different advertising media may jointly affect the demand for a good....
Persistent link: https://www.econbiz.de/10005700797
In this paper a definition of the exploration performed by stochastic algorithms is proposed. It is based on the observation through cluster analysis of the solutions generated during a run. The probabilities associated by an algorithm to solution components are considered. Moreover, a...
Persistent link: https://www.econbiz.de/10005700799
We propose a mechanism for solving the airport slot allocation problem in Europe. We consider the interdependence of the slots at different airports, and we maximize the efficiency of the system. Through an experimental analysis we quantitatively assess the cost imposed by grandfather rights,...
Persistent link: https://www.econbiz.de/10008568259