Analyzing the tradeoff between efficiency and cost of norm enforcement in stochastic environments

Imperfect Norm Enforcement in Stochastic Environments: An Analysis of Efficiency and Cost Tradeoffs

In heterogeneous multiagent systems, agents might interfere with each other either intentionally or unintentionally, as a side-effect of their activities. One approach to coordinating these agents is to restrict their activities by means of social norms whose compliance ensures certain system properties, or otherwise results in sanctions to violating agents. While most research on normative sys...

A New Mathematical Approach based on Conic Quadratic Programming for the Stochastic Time-Cost Tradeoff Problem in Project Management

In this paper, we consider a stochastic Time-Cost Tradeoff Problem (TCTP) in PERT networks for project management, in which all activities are subjected to a linear cost function and assumed to be exponentially distributed. The aim of this problem is to maximize the project completion probability with a pre-known deadline to a predefined probability such that the required additional cost is min...

Stochastic Congestion Management Considering Power System Uncertainties

Congestion management in electricity markets is traditionally done using deterministic values of power system parameters considering a fixed network configuration. In this paper, a stochastic programming framework is proposed for congestion management considering the power system uncertainties. The uncertainty sources that are modeled in the proposed stochastic framework consist of contingencie...

Comparative Analysis of Stochastic Frontier Partially non-parametric and Stochastic Frontier Parametric Methods Case Study: Measuring Cost Efficiency in Wheat Production in Iran

Dynamic Inventory Planning with Unknown Costs and Stochastic Demand

Generally ordering policies are done by two methods, including fix order quantity (FOQ) and fix order period (FOP). These methods are static and either the quantity of ordering or the procedure of ordering is fixing in throughout time horizon. In real environments, demand is varying in any period and may be considered as uncertainty. When demand is variable in any period, the traditional and st...