Yilin Xue

Target-Oriented Regret Minimization for Satisficing Monopolists

  • Napat Rujeerapaiboon
  • Yize Wei
  • Yilin Xue
    • Categories Applications - OR and Management Sciences, Finance and Economics, Robust Optimization Tags , , , ,

    We study a robust monopoly pricing problem where a seller aspires to sell an item to a buyer. We assume that the seller, unaware of the buyer’s willingness to pay, ambitiously optimizes over a space of all individual rational and incentive compatible mechanisms with a regret-type objective criterion. Using robust optimization, Kocyigit et al. (2021) … Read more

    Distributionally Robust Inventory Management with Advance Purchase Contracts

  • Yilin Xue
  • Yongzhen Li
  • Napat Rujeerapaiboon
    • Categories Linear, Cone and Semidefinite Programming, Robust Optimization, Supply Chain Management Tags , ,

    Motivated by the worldwide Covid-19 vaccine procurement, we study an inventory problem with an advance purchase contract which requires all ordering decisions to be committed at once. In reality, not only the demand is uncertain, but its distribution can also be ambiguous. Hence, we assume that only the mean and the variance are known and … Read more