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A central design challenge facing network planners is how to select a cost-effective network configuration that can provide uninterrupted service despite edge failures. In this paper, we study the Survivable Network Design (SND) problem, a core model underlying the design of such resilient...
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Infrastructure networks to transport material, energy, and information are critical for today's interconnected economies and communities, and network disruptions and failures can have serious economic and even catastrophic consequences. Since these networks require enormous investments, network...
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We consider a seller who owns two capacity-constrained resources and markets two products (components) corresponding to these resources as well as a bundle comprising the two components. In an environment where all customers agree that one of the two components is of higher quality than the...
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Lariviere and Porteus (2001) introduce the concept of generalized failure rate of a continuous random variable and demonstrate its importance. If the valuation distribution of a product has an increasing generalized failure rate (that is, the distribution is IGFR), then the associated revenue...
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