Because artificial intelligence is always learning, its introduction in government means agencies must continually adapt as ...

The field of dynamic decision making encompasses the study of how individuals and groups process, learn, and adapt their decision strategies within fluctuating and temporally evolving environments. In ...

In this paper, we consider a finite-horizon stochastic mixed-integer program involving dynamic decisions under a constraint on the overall performance or reliability of the system. We formulate this ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In today’s fast-paced business world, CEOs and all C-suite professionals are required to ...

Sequential decision-making under uncertainty is a foundational topic in multiple fields - including economics, operations research, and computer science, built around the foundation of Markov decision ...

Data stands out as a key resource for retailers in the increasingly digital world. Businesses are generating more data than ever before, from transaction records and customer profiles to social media ...