Stochastic Programming Models: Wait-and-See Versus Here-and-Now

  • Roger J-B. Wets
Conference paper

DOI: 10.1007/978-1-4684-9256-9_1

Part of the The IMA Volumes in Mathematics and its Applications book series (IMA, volume 128)
Cite this paper as:
Wets R.JB. (2002) Stochastic Programming Models: Wait-and-See Versus Here-and-Now. In: Greengard C., Ruszczynski A. (eds) Decision Making Under Uncertainty. The IMA Volumes in Mathematics and its Applications, vol 128. Springer, New York, NY

Abstract

We introduce a number of stochastic programming models via examples and then proceed to derive one of the fundamental theorems in the field that brings to the fore the constrast between wait-and-see and here-and-now formulations.

Key words

Stochastic programming wait-and-see here-and-now measurable mappings nonanticipativity 

AMS(MOS) subject classifications

90C15 

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Copyright information

© Springer-Verlag New York, Inc. 2002

Authors and Affiliations

  • Roger J-B. Wets
    • 1
  1. 1.Department of MathematicsUniversity of California, DavisDavisUSA

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