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Sports betting markets are becoming increasingly competitive. These markets are of interest when testing new ideas for quantitative prediction models. This paper examines the value of assigning ratings to teams based on their past performance in order to predict match results in association...
Persistent link: https://www.econbiz.de/10008507407
Sports betting markets have attracted a fair amount of research over the years. For association football, most of this research has focused on predicting the outcome of single matches and hence on the evaluating the efficiency of the match results betting markets. This paper presents a study on...
Persistent link: https://www.econbiz.de/10010798246
This paper presents a three-stage mixed-integer stochastic programming model for disaster response planning, considering the opening of local distribution facilities, initial allocation of supplies, and last mile distribution of aid. The vehicles available for transportation, the state of the...
Persistent link: https://www.econbiz.de/10011048982
Shipping companies repeatedly face the problem of adjusting their vessel fleet to meet uncertain future transportation demands and compensating for aging vessels. In this paper, a new multi-stage stochastic programming formulation for strategic fleet renewal in shipping is proposed. The new...
Persistent link: https://www.econbiz.de/10011116989