Sell or Hold: A simple two-stage stochastic combinatorial optimization problem

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Sell or Hold: A simple two-stage stochastic combinatorial optimization problem

There are n individual assets and k of them are to be sold over two stages. The first-stage prices are known and the second-stage prices have a known distribution. The sell or hold problem (SHP) is to determine which assets are to be sold at each stage to maximize the total expected revenue. We show that SHP is NP-hard when the second-stage prices are realized as a finite set of scenarios. We a...

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ژورنال

عنوان ژورنال: Operations Research Letters

سال: 2012

ISSN: 0167-6377

DOI: 10.1016/j.orl.2011.11.007