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Business process management faces challenges in dealing with business abnormalities and ever-changing business requirements. Traditional business process management approaches evolved from software engineering and workflow management where activities, messages and control logic are given...
Persistent link: https://www.econbiz.de/10009431231
This work is an initial exploration of the use of the decision-theoretic concept of utility to guide pattern mining. We present the use of utility functions as against thresholds and constraints as the mechanism to express user preferences and formulate several pattern mining problems that use...
Persistent link: https://www.econbiz.de/10009431247
Persistent link: https://www.econbiz.de/10011436870
Because sequential auctions have permeated society more than ever, it is desirable for participants to have the optimal strategies beforehand. However, finding closed-form solutions to various sequential auction games is challenging. Current literature provides some answers for specific cases...
Persistent link: https://www.econbiz.de/10009431203
Persistent link: https://www.econbiz.de/10011337630
Intro -- Contents -- Preface -- Program -- Prerequisites -- Plea -- Past -- Acknowledgments -- Outline of the book -- Part I: Reconciling Natural and Mental Philosophy -- Part II: Reconstructing Rational Mechanics -- Part III: Mechanical Minds -- Part IV: The Metaphysics of Mechanics -- Part V:...
Persistent link: https://www.econbiz.de/10012673398
Companies face an important challenge in deciding the allocation and pricing of high-demand products when they can supply them only in limited quantities, especially during initial releases. Instead of traditional means, letting free market mechanisms like auctions solve this problem can lead to...
Persistent link: https://www.econbiz.de/10009431276
We model sequential, possibly multi-unit, sealed-bid auctions as a sequential game with imperfect and incomplete information. We develop an agent that constructs a bidding policy by sampling the valuation space of its opponents, solving the resulting complete information game, and aggregating...
Persistent link: https://www.econbiz.de/10012949393