Oct 1, 2011 · We study the impact of learning on the optimal policy and the time-to-decision in an infinite-horizon Bayesian sequential decision model ...
Jan 14, 2019 · Abstract:We study the impact of learning on the optimal policy and the time-to-decision in an infinite-horizon Bayesian sequential decision ...
decision model with two irreversible alternatives: exit and expansion. In our model, a firm undertakes a small-scale pilot project to learn, via Bayesian ...
Jan 14, 2019 · We study the impact of learning on the optimal policy and the time-to-decision in an infinite-horizon. Bayesian sequential decision model ...
Dec 12, 2024 · We study the impact of learning on the optimal policy and the time-to-decision in an infinite-horizon Bayesian sequential decision model ...
Acquisition of Project-Specific Assets with Bayesian Updating
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We study the impact of learning on the optimal policy and the time-to-decision in an infinite-horizon Bayesian sequential decision model with two ...
We study the impact of learning on the optimal policy and the time-to-decision in an infinite-horizon Bayesian sequential decision model with two ...
Bayesian has a number of specific benefits, both direct and indirect. To start with, if you're going to update, you might as well do it right. Following the ...
Dec 1, 2024 · It introduces a framework for decomposing venture viability into technological feasibility, commercial potential and development costs, while ...
Sep 8, 2024 · This study introduces new data acquisition strategies using Bayesian-Gaussian optimization that efficiently integrate the geometry of the convex hull.