(SPEPS)
Springer (Berlin)
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| edoc-Server der Humboldt-Universität zu Berlin |
| Author(s): | Maarten H. van der Vlerk, University of Groningen | Title: | Simplification of recourse models by modification of recourse data |
| Date of Acceptance: | 21.06.2003 |
| Submission Date: | 06.02.2003 |
| Series Title: |
Stochastic Programming E-Print Series (SPEPS) |
| Editors: | Julie L. Higle; Werner Römisch; Surrajeet Sen |
| Keywords (eng): | approximation, (integer) recourse |
| Appeared in: |
Lecture Notes in Economics and Mathematical Systems (Vol. 532, 2004)
Springer (Berlin) |
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Endnote Bibtex |
| Abstract (eng): | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| We consider modification of the recourse data, consisting of the second-stage parameters and the underlying distribution, as an approximation technique for solving two-stage recourse problems. This approach is applied to several specific classes of recourse problems; in each case, the resulting recourse problem is much easier to solve. Modification of recourse data is shown to be the common principle behind the approximations which were introduced in previous publications. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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