Parametric error bounds for convex approximations of two-stage mixed-integer recourse models with a random second-stage cost vector |
| |
Affiliation: | 1. Norwegian University of Science and Technology (NTNU), Department of Industrial Economics and Technology Management, NO-7491, Trondheim, Norway;2. University of Groningen, Faculty of Economics and Business, Nettelbosje 2, 9747 AE, Groningen, the Netherlands |
| |
Abstract: | ![]() We consider two-stage recourse models with integer restrictions in the second stage. These models are typically non-convex and hence, hard to solve. There exist convex approximations of these models with accompanying error bounds. However, it is unclear how these error bounds depend on the distributions of the second-stage cost vector q. In this paper, we derive parametric error bounds whose dependence on the distribution of q is explicit: they scale linearly in the expected value of the -norm of q. |
| |
Keywords: | Mixed-integer recourse models Convex approximations Parametric error bounds |
本文献已被 ScienceDirect 等数据库收录! |
|