Stimulating Prices in a Stochastic Model of Resource Allocation

DOI10.1287/MOOR.8.1.151zbMath0506.90041OpenAlexW2033981942MaRDI QIDQ4744045

Douglas P. Kennedy

Publication date: 1983

Published in: Mathematics of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/moor.8.1.151

zbMATH Keywords

Lagrange multipliersmartingaleoptimal allocationgeneral stochastic modelsequential resource allocationrandom discount factorconsumption vs. production allocation problemstimulating prices

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Stochastic programming (90C15) Management decision making, including multiple objectives (90B50)

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