Showing 1 - 10 of 31
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Persistent link: https://www.econbiz.de/10011278993
In this paper, we present a bilinear second-order cone programming safe approximation for the distributionally robust chance constrained program (DRCCP), assuming that the support of the uncertain parameters, and the first and second marginal moments of the probability with respect to the...
Persistent link: https://www.econbiz.de/10011278986
In this paper, we present a cost-sharing scheme for the concave facility location game by exploring the concavity structure. We show that it is cross-monotonic and competitive, and recovers 1/3 fraction of the total cost. Copyright Springer Science+Business Media, LLC. 2013
Persistent link: https://www.econbiz.de/10010896425
Computing semiparametric bounds for option prices is a widely studied pricing technique. In contrast to parametric pricing techniques, such as Monte-Carlo simulations, semiparametric pricing techniques do not require strong assumptions about the underlying asset price distribution. We extend...
Persistent link: https://www.econbiz.de/10004973632
This paper studies the inventory system of a retailer who orders his products from two supply sources, a local one that is responsive and reliable, but expensive, and a global one that is low-cost but less reliable. The deliveries from the global source only partially satisfy the quality...
Persistent link: https://www.econbiz.de/10011209373
In equipment-intensive industries such as truck, electronics, aircraft and dredging vessel manufacturing, service parts are often slow moving items for which the transshipment time is not negligible. However, this aspect is hardly considered in the existing service logistics literature. In this...
Persistent link: https://www.econbiz.de/10011043232
This paper discusses the wealth distribution in a finite-sized closed economic system, where each agent may choose one amongst the four strategies: hawk, defect, cooperate and dove. When two agents encounter, exchange of the wealth is decided by the rules defined. The simulation results show...
Persistent link: https://www.econbiz.de/10010874419
We investigate the effects of delaying the time to recovery (delayed recovery) and of nonuniform transmission on the propagation of diseases on structured populations. Through a mean-field approximation and large-scale numerical simulations, we find that postponing the transition from the...
Persistent link: https://www.econbiz.de/10010874453
Based on the theory of cooperation and competition, this study examines the relationships between cooperative goals, advice network, and team performance, and their boundary conditions. Based on multi-source data from 189 teams in a military organization, results indicate that cooperative goals...
Persistent link: https://www.econbiz.de/10010959138
A fin-and-tube evaporator can be used for an ORC (organic Rankine cycle) to collect waste heat of the exhaust gas of an internal combustion engine. In this paper, the thermal-hydraulic characteristics of an ORC evaporator are analyzed using a CFD method. A 3D numerical model is derived from an...
Persistent link: https://www.econbiz.de/10011209457