arXiv Machine Learning By Xin Li, Juergen Branke, Xuan Vinh Doan

How much Data do We Need? Sequential Data Collection for Stochastic Programming

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arXiv:2607. 10207v1 Announce Type: cross Abstract: Data-driven optimization often requires collecting data to estimate uncertain model parameters before solving the underlying decision problem.

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arXiv Statistics ML
3d ago

Towards Optimal Inventory Control under Censored Demand: A Biased Sample-Average Approximation Approach

The paper presents a data‑driven framework for multi‑period lost‑sales inventory control when demand is censored, meaning stockouts only reveal that demand exceeded the stocking level. It introduces a new cost decomposition for base‑stock policies and a biased sample‑average approximation (SAA) method, leading to two algorithms: an upper‑biased SAA that achieves near‑optimal sample complexity under an offline coverage condition, and a lower‑biased SAA that actively generates coverage to achieve near‑optimal online regret. The biased SAA approach offers a general principle for applying pessimism and optimism in settings with censored feedback.

By Yuxuan Han, Xiaoyu Fan, Jiawei Zhang, Zhengyuan Zhou
arXiv AI
Jul 7

Strategic Buying Agents

arXiv:2607. 04708v1 Announce Type: cross Abstract: Agentic AI is shifting online shopping from search toward delegated purchasing, where autonomous buying agents monitor markets and decide when to buy on a consumer's behalf.

By Mingyang Fu, Ming Hu