Sequential Decision Making in Change-constrained Programming and Bid-pricing Environments |
Contents
Interpretations of Sequential Chance Constraints | 14 |
Generalizations | 35 |
E Special Cases | 42 |
5 other sections not shown
Common terms and phrases
a₂ admissible decision rules admissible rules allocate assumed assumption b₁ b₂ bidding period bidding process Bidding Strategies chance-constrained programming Chapter characterization Charnes class of decision Competitive Bidding competitors concave conditional chance constraint conditional-go approach constant constrained problem convex CORNELL CORNELL CORNELL LIBRARY CORNELL UNIVERSITY defined distribution function dynamic programming E-model example exists expected value feasible choice functional equations given Hence i-th stage iɛI inequality infimum LIBRARY CORNELL LIBRARY UNIVERSITY linear programming market price markup maximize non-negative objective function observed Operations Research opportunity costs optimal bid price P(x₁ probabilistic constraints random variables randomized rule realizations resource capacity resource usage restricted resources safety-first approach satisfy sequential bidding set of admissible Shubik Stochastic Programming Study of Bidding Theorem 5.1 total chance total overhead uncertainty UNIV UNIVERSITY CORNELL UNIVERSITY LIBRARY vector x₁ yields zero-order