An Algorithm for the Min-Max Loss Rule for Claims Problems

Somdeb Lahiri

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: In this paper we provide an algorithm which gives us the unique solution to the problem of minimizing the maximum loss (where loss is measured by unsatisfied demands) for a claims problem. The answer lies crucially on the structure of the problem.

Date: 1996-06-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp01388

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