• A maximum entropy approach to the newsvendor problem with partial information 

      Andersson, Jonas; Jörnsten, Kurt; Nonås, Sigrid Lise; Sandal, Leif Kristoffer; Ubøe, Jan (Discussion paper;2011:14, Working paper, 2011-08)
      In this paper, we consider the newsvendor model under partial information, i.e., where the demand distribution D is partly unknown. We focus on the classical case where the retailer only knows the expectation and variance ...
    • Modeling heterogeneity in trip-distributions with partial information 

      Jörnsten, Kurt; Kleppe, Gisle; Thorsen, Inge; Ubøe, Jan (Discussion paper, Working paper, 2007)
      In this paper we propose a modified gravity model that takes into account that a population generally consists of heterogeneous groups, and we suggest a new statistical test for heterogeneity. We apply our new model to two ...