Showing 1 - 10 of 62
This paper introduces a mixture model based on the beta distribution, without preestablished means and variances, to analyze a large set of Beauty-Contest data obtained from diverse groups of experiments (Bosch-Domenech et al. 2002). This model gives a better t of the experimental data, and more...
Persistent link: https://www.econbiz.de/10005772158
Minimax lower bounds for concept learning state, for example, that for each sample size $n$ and learning rule $g_n$, there exists a distribution of the observation $X$ and a concept $C$ to be learnt such that the expected error of $g_n$ is at least a constant times $V/n$, where $V$ is the VC...
Persistent link: https://www.econbiz.de/10005772365
We consider an agent who has to repeatedly make choices in an uncertain and changing environment, who has full information of the past, who discounts future payoffs, but who has no prior. We provide a learning algorithm that performs almost as well as the best of a given finite number of experts...
Persistent link: https://www.econbiz.de/10005004669
The classical binary classification problem is investigated when it is known in advance that the posterior probability function (or regression function) belongs to some class of functions. We introduce and analyze a method which effectively exploits this knowledge. The method is based on...
Persistent link: https://www.econbiz.de/10005572603
The choice network revenue management (RM) model incorporates customer purchase behavior as customers purchasing products with certain probabilities that are a function of the offered assortment of products, and is the appropriate model for airline and hotel network revenue management, dynamic...
Persistent link: https://www.econbiz.de/10010849604
The choice network revenue management model incorporates customer purchase behavior as a function of the offered products, and is the appropriate model for airline and hotel network revenue management, dynamic sales of bundles, and dynamic assortment optimization. The optimization problem is a...
Persistent link: https://www.econbiz.de/10010849611
The network revenue management (RM) problem arises in airline, hotel, media, and other industries where the sale products use multiple resources. It can be formulated as a stochastic dynamic program but the dynamic program is computationally intractable because of an exponentially large state...
Persistent link: https://www.econbiz.de/10009650740
Models incorporating more realistic models of customer behavior, as customers choosing from an offer set, have recently become popular in assortment optimization and revenue management. The dynamic program for these models is intractable and approximated by a deterministic linear program called...
Persistent link: https://www.econbiz.de/10009493743
This paper presents a simple Optimised Search Heuristic for the Job Shop Scheduling problem that combines a GRASP heuristic with a branch-and-bound algorithm. The proposed method is compared with similar approaches and leads to better results in terms of solution quality and computing times.
Persistent link: https://www.econbiz.de/10005704871
We propose a model and solution methods, for locating a fixed number of multiple-server, congestible common service centers or congestible public facilities. Locations are chosen so to minimize consumers’ congestion (or queuing) and travel costs, considering that all the demand must be served....
Persistent link: https://www.econbiz.de/10005704918