Search Results - subject:"Dynamic Programming"

Approximate dynamic programming algorithms for multidimensional flexible production-inventory problems

Çimen, Mustafa; Kirkbride, Chris - In: International journal of production research 55 (2017) 7/8, pp. 2034-2050

Persistent link: https://www.econbiz.de/10011648443

Two-way bounded dynamic programming approach for operations planning in transshipment yards

Otto, Alena; Li, Xiyu; Pesch, Erwin - In: Transportation science : a journal of the Institute for … 51 (2017) 1, pp. 325-342

Persistent link: https://www.econbiz.de/10011655302

Optimal overhau-replacement policy for a multi-degraded repairable system sold with warranty

Soemadi, Kusmaningrum; Iskandar, Bermawi Priyatna; … - In: Journal of Industrial Engineering International 15 (2019) S1, pp. 153-164

with a new one. We formulate the sequential decision (keep, overhaul, or replace) problem as a dynamic programming model …

Persistent link: https://www.econbiz.de/10013470826

Modelos de riesgo de crédito: Aplicación práctica a un modelo de refinanciación de hipotecas

Barrera, Caro; Rafael, José - In: Revista de Métodos Cuantitativos para la Economía y … 28 (2019), pp. 183-197

Facing an hypothetical, but increasingly, case of default risk on a mortgage or a fall in interest rates, an important issue raised by the borrower is the possibility of minimizing that risk by selecting the best refinancing option. In this paper, a mortgage refinancing model is presented,...

Persistent link: https://www.econbiz.de/10014494496

Kemptner, Daniel - 2019

Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks, productivity and preferences, and the financial...

Persistent link: https://www.econbiz.de/10011999332

Dynamic IC and dynamic programming

Kwon, Suehyun - 2019

This paper develops a dynamic programming method when the one-stage deviation principle in the sense of mechanism … design literature doesn’t hold. The commonly used dynamic programming method is valid only if the one-stage deviation … path and is impractical. The dynamic programming method developed in this paper requires transfinite induction, and …

Persistent link: https://www.econbiz.de/10012018255

Equilibrium trade in automobile markets

Gillingham, Kenneth; Iskhakov, Fedor; Munk-Nielsen, Anders - 2019

We introduce a computationally tractable dynamic equilibrium model of the automobile market where new and used cars of multiple types (e.g. makes/models) are traded by heterogeneous consumers. Prices and quantities are determined endogenously to equate supply and demand for all car types and...

Persistent link: https://www.econbiz.de/10012052756

Pricing basket weather derivatives on rainfall and temperature processes

Dzupire, Nelson Christopher; Ngare, Philip; Odongo, Leo - In: International Journal of Financial Studies 7 (2019) 3, pp. 1-14

. The agent's risk preference is described by an exponential utility function and the prices are derived by dynamic … programming principles and corresponding Hamilton Jacobi-Bellman equations from the stochastic optimal control problems. It is …

Persistent link: https://www.econbiz.de/10013200213

Kemptner, Daniel - In: Journal of Health Economics 65 (2019), pp. 227-245

Persistent link: https://www.econbiz.de/10012587858

Output maximization container loading problem with time availability constraints

Castellucci, Pedro B.; de Toledo, Franklina Maria Bragion; … - In: Operations Research Perspectives 6 (2019), pp. 1-7

Research on container loading problems has helped increase the occupation rate of containers in different practical situations. We consider these problems within a context which might pressure the loading process, leading to sub-optimal solutions. Some facilities like cross-docks have reduced...

Persistent link: https://www.econbiz.de/10012662792