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Analysis of Impact of Covariates Entering Stochastic Optimization Problem

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    SYSNO ASEP0561011
    Document TypeK - Proceedings Paper (Czech conf.)
    R&D Document TypeConference Paper
    TitleAnalysis of Impact of Covariates Entering Stochastic Optimization Problem
    Author(s) Volf, Petr (UTIA-B) RID, ORCID
    Number of authors1
    Source TitleProceedingsof the 40th International Conference Mathematical Methods in Economics 2022. - Jihlava : College of Polytechnics Jihlava, 2022 / Vojáčková Hana - ISBN 978-80-88064-62-6
    S. 398-404
    Number of pages8 s.
    Publication formPrint - P
    ActionInternational Conference Mathematical Methods in Economics 2022 /40./
    Event date07.09.2022 - 09.09.2022
    VEvent locationJihlava
    CountryCZ - Czech Republic
    Event typeWRD
    Languageeng - English
    CountryCZ - Czech Republic
    Keywordsstochastic optimization ; regression model ; statistical estimation
    Subject RIVBB - Applied Statistics, Operational Research
    OECD categoryStatistics and probability
    R&D ProjectsGA18-02739S GA ČR - Czech Science Foundation (CSF)
    Institutional supportUTIA-B - RVO:67985556
    AnnotationIn the contribution we study consequences of imperfect information to precision of stochastic optimization solution. In particular, it is assumed that the characteristics of optimization problem are influenced by a set of covariates. This dependence is described via a regression model. Hence, the uncertainty is then caused by statistical estimation of regression parameters. The contribution will analyze several regression model cases, together with their application. Precision of results will be explored, both theoretically as well as with the aid of simulations.
    WorkplaceInstitute of Information Theory and Automation
    ContactMarkéta Votavová, votavova@utia.cas.cz, Tel.: 266 052 201.
    Year of Publishing2023
Number of the records: 1  

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