Vishal Gupta, Michael Huang, Paat Rusmevichientong
{"title":"Debiasing In-Sample Policy Performance for Small-Data, Large-Scale Optimization","authors":"Vishal Gupta, Michael Huang, Paat Rusmevichientong","doi":"10.1287/opre.2022.2377","DOIUrl":"https://doi.org/10.1287/opre.2022.2377","url":null,"abstract":"In many modern large-scale decision-making problems, data can be scarce. As a result, traditional methods such as cross-validation perform poorly in evaluating the performance of decision-making policies. In “Debiasing In-Sample Policy Performance for Small-Data, Large-Scale Optimization,” Gupta, Huang, and Rusmevichientong propose a novel estimator of the out-of-sample performance for a policy in data-driven optimization. Unlike cross-validation, their approach avoids sacrificing training data for evaluation. As a result, they theoretically show the estimator is asymptotically unbiased as the problem size grows. Furthermore, they show that the estimator is asymptotically optimal when applied to more specialized “weakly coupled” optimization problems. Finally, using a case study on dispatching emergency medical response services, they demonstrate their proposed method provides more accurate estimates of out-of-sample performance and selects better policies.","PeriodicalId":54680,"journal":{"name":"Operations Research","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140275385","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"UCB-Type Learning Algorithms with Kaplan–Meier Estimator for Lost-Sales Inventory Models with Lead Times","authors":"Chengyi Lyu, Huanan Zhang, Linwei Xin","doi":"10.1287/opre.2022.0273","DOIUrl":"https://doi.org/10.1287/opre.2022.0273","url":null,"abstract":"Operations Research, Ahead of Print. <br/>","PeriodicalId":54680,"journal":{"name":"Operations Research","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140016858","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Selection and Ordering Policies for Hiring Pipelines via Linear Programming","authors":"Boris Epstein, Will Ma","doi":"10.1287/opre.2023.0061","DOIUrl":"https://doi.org/10.1287/opre.2023.0061","url":null,"abstract":"Operations Research, Ahead of Print. <br/>","PeriodicalId":54680,"journal":{"name":"Operations Research","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140004041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Man Yiu Tsang, Karmel S. Shehadeh, Frank E. Curtis, Beth R. Hochman, Tricia E. Brentjens
{"title":"Stochastic Optimization Approaches for an Operating Room and Anesthesiologist Scheduling Problem","authors":"Man Yiu Tsang, Karmel S. Shehadeh, Frank E. Curtis, Beth R. Hochman, Tricia E. Brentjens","doi":"10.1287/opre.2022.0258","DOIUrl":"https://doi.org/10.1287/opre.2022.0258","url":null,"abstract":"Operations Research, Ahead of Print. <br/>","PeriodicalId":54680,"journal":{"name":"Operations Research","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139951329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Erratum to “Consumer Choice Under Limited Attention When Alternatives Have Different Information Costs”","authors":"Frank Huettner, Tamer Boyacı, Yalçın Akçay","doi":"10.1287/opre.2023.0476","DOIUrl":"https://doi.org/10.1287/opre.2023.0476","url":null,"abstract":"Operations Research, Ahead of Print. <br/>","PeriodicalId":54680,"journal":{"name":"Operations Research","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139951344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Adrian P. Kennedy, Suresh P. Sethi, Chi Chung Siu, Sheung Chi Phillip Yam
{"title":"The Generalized Sethi Advertising Model","authors":"Adrian P. Kennedy, Suresh P. Sethi, Chi Chung Siu, Sheung Chi Phillip Yam","doi":"10.1287/opre.2021.0717","DOIUrl":"https://doi.org/10.1287/opre.2021.0717","url":null,"abstract":"Operations Research, Ahead of Print. <br/>","PeriodicalId":54680,"journal":{"name":"Operations Research","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139951160","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Technical Note: Multimarket Cournot Equilibria with Heterogeneous Resource-Constrained Firms","authors":"René Caldentey, Martin B. Haugh","doi":"10.1287/opre.2022.0664","DOIUrl":"https://doi.org/10.1287/opre.2022.0664","url":null,"abstract":"Operations Research, Ahead of Print. <br/>","PeriodicalId":54680,"journal":{"name":"Operations Research","volume":null,"pages":null},"PeriodicalIF":2.7,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139951331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}