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Hedonic pricing with quasilinear preferences is shown to be equivalent to stable matching with transferable utilities and a participation constraint, and to an optimal transportation (Monge-Kantorovich) linear programming problem. Optimal assignments in the latter correspond to stable matchings,...
Persistent link: https://www.econbiz.de/10010318563
of fields, including risk management, mathematical programming, game theory, gravity, spatial analysis, logistics …
Persistent link: https://www.econbiz.de/10015408649
review the papers that have addressed the allocation problem using cooperative game theory. We also relate the rules defined …
Persistent link: https://www.econbiz.de/10014496126
The main aim of the paper is to highlight the relation between flexibility and vertical integration. To this purpose, we go through the selection of the optimal degree of vertical disintegration of a flexible firm which operates in a dynamic uncertain environment. The enterprise we model enjoys...
Persistent link: https://www.econbiz.de/10010331069
inventive and persistent researchers, it seems virtually impossible to find efficient algorithms. In this Situation, the theory … instances attempted. In this work we develop the basic concepts of complexity theory. While doing so, we aim at presenting the … formal problem classes which are studied in complexity theory. …
Persistent link: https://www.econbiz.de/10011594617
Persistent link: https://www.econbiz.de/10011885356
Linear optimization problems are investigated whose parameters are uncertain. We apply coherent distortion risk measures to capture the violation of restrictions. Such a model turns out to be appropriate for many applications and, principally, for the mean-risk portfolio selection problem. Each...
Persistent link: https://www.econbiz.de/10010311008
This paper presents a profit-oriented shift scheduling approach for inbound contact centers. The focus is on systems in which multiple agent classes with different qualifications serve multiple customer classes with different needs. We assume that customers are impatient, abandon if they have to...
Persistent link: https://www.econbiz.de/10010264932
This paper presents a linear programming approach to analyze and optimize flow lines with limited buffer capacities and stochastic processing times. The basic idea is to solve a huge but simple linear program that models an entire simulation run of a multi-stage production process in discrete...
Persistent link: https://www.econbiz.de/10010264940
This paper introduces a method for solving numerical dynamic stochastic optimization problems that avoids rootfinding operations. The idea is applicable to many microeconomic and macroeconomic problems, including life cycle, buffer-stock, and stochastic growth problems. Software is provided.
Persistent link: https://www.econbiz.de/10010293486