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Although researchers have documented instances of crowd wisdom, it is important to know whether some kinds of judgments may lead the crowd astray, whether crowds’ judgments improve with feedback over time, and whether crowds’ judgments can be improved by changing the way judgments are...
Persistent link: https://www.econbiz.de/10009441275
This report introduces a novel approach to performing inference and learning in Dynamic Bayesian Networks (DBN). The … traditional approach to inference and learning in DBNs involves conditioning on one or more finite-length observation sequences … solving inference problems (i.e., computing P(X|Φ)) and learning problems (i.e., computing P(Θ|Φ)) using techniques from the …
Persistent link: https://www.econbiz.de/10009441211
This research aims at establishing a connection between the theory and practice of retail revenue management by designing a decision support system based on the experience acquired from several applied research projects at various retailers. With this system, users are expected to be able to...
Persistent link: https://www.econbiz.de/10010669586
We approach the newsvendor with pricing problem as a practitioner who must model demand as a function of price. Previous work required strong assumptions about demand curves, making practical implementation of results problematical. Instead, we assume that customers have reservation prices which...
Persistent link: https://www.econbiz.de/10008539532
We approach the newsvendor with pricing problem as a practitioner who must model demand as a function of price. Previous work required strong assumptions about demand curves, making practical implementation of results problematical. Instead, we assume that customers have reservation prices which...
Persistent link: https://www.econbiz.de/10005048684
Persistent link: https://www.econbiz.de/10011604038
Persistent link: https://www.econbiz.de/10011514532
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