There is a growing interest in applying robust techniques for profiling complex processes in industry. In this work, we present an approach for analyzing fractional-factorial data by building distribution-free models suitable for dealing with replicated trials in search of non-linear effects....

Search-based advertising has become very popular since it provides advertisers the ability to attract potential customers with measurable returns. In this type of advertising, advertisers bid on keywords to have an impact on their ad’s placement, which in turn affects the response from...

The problem of dynamic portfolio choice with transaction costs is often addressed by constructing a Markov Chain approximation of the continuous time price processes. Using this approximation, we present an efficient numerical method to determine optimal portfolio strategies under time- and...