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• W1894171488 abstract "We present a class of convex approximations of the expected value function of a simple recourse problem with fixed technology matrix and integer second-stage variables. These approximations are obtained by perturbing the distributions of the right-hand side parameters. The resulting distributions are special instances of the class of distributions that yield convex expected value functions. A complete characterization of this class was given in a previous paper. We derive a uniform bound on the error of the approximation. Moreover, we give a representation of the resulting convex approximating problems as continuous simple recourse problems with a known discrete distribution, so that they can be solved by existing special purpose algorithms." @default.
• W1894171488 created "2016-06-24" @default.
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• W1894171488 date "1997-01-01" @default.
• W1894171488 modified "2023-09-23" @default.
• W1894171488 title "Convex approximations for simple integer recourse models by perturbing the underlying distributions." @default.
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