We consider discounted Markov decision processes (MDPs) with countably-infinite state spaces, finite action spaces, and unbounded rewards. Typical examples of such MDPs are inventory management and ...

The leading approach to the simplex method, a widely used technique for balancing complex logistical constraints, can’t get ...

We consider the specialization of the primal simplex algorithm to the problem of finding a tree of directed shortest paths from a given node to all other nodes in a network of n nodes or finding a ...

Pricing Partners, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that Simplex, a new optimization ...

While sitting in a courtroom, waiting to find out if he would be chosen for jury duty, Daniel Spielman had a revelation-all the work he and colleague Shanghua Teng had built up over the past three ...