Thesiss

3 works - Thesiss.

"3" Result

In this thesis, we consider two-stage newsvendor problem where the decision maker selling a seasonal product only uses the historical demand information in her decisions. In our setting, there are two decisions to be made: the order quantity, and a marked-down price. We decide o…

Nowadays, the concept of personalization has gained huge popularity and every decision maker would like to optimize the decisions by exploiting personal data. Personalized decision making has been applied to scenarios including web content recommendation, clinical trials, hiring…