Zhenyu Gao

Tsinghua University

Beijing, 100084

China

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Model Mis-Specification in Newsvendor Decisions: A Comparison of Frequentist Parametric, Bayesian Parametric and Nonparametric Approaches

Number of pages: 32 Posted: 01 Jan 2020 Last Revised: 22 Jun 2020
Gah‐Yi Ban, Zhenyu Gao and Fabian Taigel
Robert H. Smith School of Business, University of Maryland, Tsinghua University and University of Wuerzburg, Chair of Logistics and Quantitative Methods
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Abstract:

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data-driven decision-making, newsvendor, inventory, model mis-specification, asymptotic statistics