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Organ-transplanted patients typically receive high amounts of immunosuppressive drugs (e.g., tacrolimus) as a mechanism to reduce their risk of organ rejection. However, due to the diabetogenic effect of these drugs, this practice exposes them to greater risk of New-Onset Diabetes After...
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In a variety of applications, decisions needs to be made dynamically after receiving imperfect observations about the state of an underlying system. Partially Observable Markov Decision Processes (POMDPs) are widely used in such applications. To use a POMDP, however, a decision-maker must have...
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When facing high levels of overstock inventories, firms often push their salesforce to work harder than usual to attract more demand, and one way to achieve that is to offer attractive incentives. However, most research on the optimal design of salesforce incentives ignores this dependency and...
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Markov Decision Processes (MDPs) have been widely used as invaluable tools in dynamic decision-making, which is a central concern for economic agents operating at both the micro and macro levels. Often the decision maker's information about the state is incomplete; hence, the generalization to...
Persistent link: https://www.econbiz.de/10012937727