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6,083
Estimating standard errors in finance panel data sets: comparing approaches.
- Review of Financial Studies
, 2009
"... Abstract In both corporate finance and asset pricing empirical work, researchers are often confronted with panel data. In these data sets, the residuals may be correlated across firms and across time, and OLS standard errors can be biased. Historically, the two literatures have used different solut ..."
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Cited by 890 (7 self)
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solutions to this problem. Corporate finance has relied on clustered standard errors, while asset pricing has used the Fama-MacBeth procedure to estimate standard errors. This paper examines the different methods used in the literature and explains when the different methods yield the same (and correct
Decoding by Linear Programming
, 2004
"... This paper considers the classical error correcting problem which is frequently discussed in coding theory. We wish to recover an input vector f ∈ Rn from corrupted measurements y = Af + e. Here, A is an m by n (coding) matrix and e is an arbitrary and unknown vector of errors. Is it possible to rec ..."
Abstract
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Cited by 1399 (16 self)
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for some ρ> 0. In short, f can be recovered exactly by solving a simple convex optimization problem (which one can recast as a linear program). In addition, numerical experiments suggest that this recovery procedure works unreasonably well; f is recovered exactly even in situations where a significant
Compressive sampling
, 2006
"... Conventional wisdom and common practice in acquisition and reconstruction of images from frequency data follow the basic principle of the Nyquist density sampling theory. This principle states that to reconstruct an image, the number of Fourier samples we need to acquire must match the desired res ..."
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Cited by 1441 (15 self)
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of scientific interest accurately and sometimes even exactly from a number of samples which is far smaller than the desired resolution of the image/signal, e.g. the number of pixels in the image. It is believed that compressive sampling has far reaching implications. For example, it suggests the possibility
A Hybrid Scatter Search Heuristic for Personalized Crew Rostering in the Airline Industry
, 2007
"... The crew scheduling problem in the airline industry is extensively investigated in the operations research literature since efficient crew employment can drastically reduce operational costs of airline companies. Given the flight schedule of an airline company, crew scheduling is the process of assi ..."
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Cited by 2 (0 self)
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characteristics of the procedure are presented. Moreover, we compare the proposed scatter search algorithm with an exact branch-and-price procedure and a steepest descent variable neighborhood search.
Branch-and-Price and Heuristic Column Generation for the Generalized Truck-and-Trailer Routing Problem
"... The generalized truck-and-trailer routing problem (GTTRP) constitutes a unified model for vehicle routing problems with trailers and a fixed lorry-trailer assignment. The GTTRP is a generalization of the truck-and-trailer routing problem (TTRP), which itself is an extension of the well-known ve-hicl ..."
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for the prob-lem, a branch-and-price algorithm, and heuristic variants of this algorithm are described. Computational experiments with the algorithms are pre-sented and discussed. The experiments are performed on randomly gener-ated instances structured to resemble real-world situations and on TTRP benchmark
Scheduling surgical cases in a day-care environment: A branch-and-price approach. Working paper, Katholieke Universiteit
, 2007
"... In this paper we will investigate how to sequence surgical cases in a day-care facility so that multiple objectives are simultaneously optimized. The limited availability of resources and the occurrence of medical precautions, such as an additional cleaning of the operating room after the surgery of ..."
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Cited by 2 (2 self)
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of an infected patient, are taken into account. A branch-and-price methodology will be introduced in order to develop both exact and heuristic algorithms. In this methodology, column generation is used to optimize the linear programming formu-lation of the scheduling problem. Both a dynamic programming approach
A branch-and-price algorithm for parallel machine scheduling with time windows and job priorities
- Naval Research Logistics
, 2006
"... Abstract: This paper presents a branch-and-price algorithm for scheduling n jobs on m nonhomogeneous parallel machines with multiple time windows. An additional feature of the problem is that each job falls into one of ρ priority classes and may require two operations. The objective is to maximize t ..."
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Cited by 5 (1 self)
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Abstract: This paper presents a branch-and-price algorithm for scheduling n jobs on m nonhomogeneous parallel machines with multiple time windows. An additional feature of the problem is that each job falls into one of ρ priority classes and may require two operations. The objective is to maximize
Approximate accelerated stochastic simulation of chemically reacting systems
- J. Chem. Phys
, 2001
"... The stochastic simulation algorithm ͑SSA͒ is an essentially exact procedure for numerically simulating the time evolution of a well-stirred chemically reacting system. Despite recent major improvements in the efficiency of the SSA, its drawback remains the great amount of computer time that is ofte ..."
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Cited by 346 (6 self)
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The stochastic simulation algorithm ͑SSA͒ is an essentially exact procedure for numerically simulating the time evolution of a well-stirred chemically reacting system. Despite recent major improvements in the efficiency of the SSA, its drawback remains the great amount of computer time
Sorting Permutations by Reversals through Branch-and-Price
- INFORMS Journal on Computing
, 2001
"... We describe an exact algorithm for the problem of sorting a permutation by the minimum number of reversals, originating from evolutionary studies in molecular biology. Our approach is based on an integer linear programming formulation of a graph-theoretic relaxation of the problem, calling for a dec ..."
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Cited by 4 (1 self)
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We describe an exact algorithm for the problem of sorting a permutation by the minimum number of reversals, originating from evolutionary studies in molecular biology. Our approach is based on an integer linear programming formulation of a graph-theoretic relaxation of the problem, calling for a
Exact Weighted Vertex Coloring via Branch-and-Price
"... We consider the Weighted Vertex Coloring Problem (WVCP), in which a positive weight is associated to each vertex of a graph. In WVCP, one is required to assign a color to each vertex in such a way that colors on adjacent vertices are different, and the objective is to minimize the sum of the costs o ..."
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for the problem, which is based on column generation and branch-and-price. Computational results on a large set of instances from the literature are reported, showing excellent performance when compared with the best heuristic algorithms from the literature. 1
Results 1 - 10
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6,083