Related papers: An operational test for existence of a consistent …
We study the approximate dynamic programming approach to revenue management in the context of attended home delivery. We draw on results from dynamic programming theory for Markov decision problems, convex optimisation and discrete convex…
We study conditions for the existence of stable and group-strategy-proof mechanisms in a many-to-one matching model with contracts if students' preferences are monotone in contract terms. We show that "equivalence", properly defined, to a…
Functions that are piecewise defined are a common sight in mathematics while convexity is a property especially desired in optimization. Suppose now a piecewise-defined function is convex on each of its defining components - when can we…
A new continuity for set-valued functions is introduced, and an existence theorem is proved for such continuous set-valued functions.
The piecewise-concave function may be used to approximate a wide range of other functions to arbitrary precision over a bounded set. In this short paper, this property is proven for three function classes: (a) the multivariate twice…
This paper explores some sufficient conditions for the enhanced solvability of strong vector equilibrium problems, which can be established via a variational approach. Enhanced solvability here means existence of solutions, which are strong…
In this paper, several differentiability criteria for real functions of multiple variables in n-dimensional Euclidean space are considered. Simple and easy-to-use Cauchy-like criterion is formulated and proven. Relaxed sufficient conditions…
We investigate expected utility maximization problems from the terminal liquidation value in continuous time in markets with transaction costs and one fixed consistent price system, where a non-concave utility function is defined on the…
In this paper, we study the approximation of an unknown quasiconcave function based on limited partial information. Available information includes lower bounds on the values of the target function at a specified set of points, as well as…
We propose a notion of concavity in two-sided many-to-one matching, which is an analogue to the balancedness condition in cooperative games. A stable matching exists when the market is concave. We provide a class of concave markets. In the…
In mathematical economics, the used functions are, in general, considered to be quasiconcave. Moreover, they are, in many cases, separable of nature. It is known that a local maximum of a quasiconcave function is not, in general, a global…
This paper explores conditions of existence of different types of consistent tests. New links of these types of consistency are also established. The existence of discernible (strong consistent) tests follows from the existence of pointwise…
In the present paper, we obtain a more general conditions for univalence of analytic functions in the open unit disk U. Also, we obtain a refinement to a quasiconformal extension criterion of the main result.
Functions with uniform level sets can represent orders, preference relations or other binary relations and thus turn out to be a tool for scalarization that can be used, e.g., in multicriteria optimization, decision theory, mathematical…
A statistical functional, such as the mean or the median, is called elicitable if there is a scoring function or loss function such that the correct forecast of the functional is the unique minimizer of the expected score. Such scoring…
During the study of the topic of limit summability of functions (introduced by the author in 2001), we encountered some types of functions that are related to the mean value theorem. In this paper, we formally define mean value and…
Deterministic optimal impulse control problem with terminal state constraint is considered. Due to the appearance of the terminal state constraint, the value function might be discontinuous in general. The main contribution of this paper is…
In this paper we consider a fragment of the first-order theory of the real numbers that includes systems of equations of continuous functions in bounded domains, and for which all functions are computable in the sense that it is possible to…
This article defines a complement of a function and conditions for existence of such a complement function and presents few algorithms to construct a complement.
The construction of numerical value scales (or priority values) is a recurrent topic in decision-aiding research. However, in real contexts, uncertainty and limited cognitive precision often lead decision-makers to provide interval…