Brekelmans, Ruud; Den Hertog, Dick; de Ruiter, F.J.C.T.; … - Tilburg University, Center for Economic Research - 2014
Abstract: Adjustable robust optimization (ARO) is a technique to solve dynamic (multistage) optimization problems. In ARO, the decision in each stage is a function of the information accumulated from the previous periods on the values of the uncertain parameters. This information, however, is...
