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Azoulay-Schwartz, Rina
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Exploitation vs. exploration: choosing a supplier in an environment of incomplete information
Azoulay-Schwartz R., Kraus S., Wilkenfeld J. Decision Support Systems 38(1): 1-18, 2004. Type: Article
What is the best strategy for a purchaser choosing suppliers, when the quality of each is described by a distribution function? Should a purchaser deal with a new supplier, without a history, who may be better than existing suppliers? ...
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Jan 28 2005
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