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Online algorithms for multi-shop ski rental with machine learned predictions

  • State University of New York Binghamton University

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

9 Scopus citations

Abstract

Uncertainty plays a critical role in many real world applications where the decision maker is faced with multiple alternatives with different costs. These decisions arise in our daily lives, such as whether to rent an apartment or buy a house, which cannot be answered reliably without knowledge of the future. These decision-making problems are usually modeled as online rent-or-buy problems, such as the classical ski rental problem [4, 5, 8]. Two paradigms have been widely studied to deal with such uncertainty. On the one hand, online algorithms are designed without prior knowledge to the problem, and competitive ratio (CR) is used to characterize the goodness of the algorithm in lack of the future. On the other hand, machine learning is applied to address uncertainty by making future predictions via building robust models on prior data.

Original languageEnglish
Title of host publicationProceedings of the 19th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2020
EditorsBo An, Amal El Fallah Seghrouchni, Gita Sukthankar
PublisherInternational Foundation for Autonomous Agents and Multiagent Systems (IFAAMAS)
Pages2035-2037
Number of pages3
ISBN (Electronic)9781450375184
StatePublished - 2020
Event19th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2020 - Virtual, Auckland, New Zealand
Duration: May 19 2020 → …

Publication series

NameProceedings of the International Joint Conference on Autonomous Agents and Multiagent Systems, AAMAS
Volume2020-May
ISSN (Print)1548-8403
ISSN (Electronic)1558-2914

Conference

Conference19th International Conference on Autonomous Agents and Multiagent Systems, AAMAS 2020
Country/TerritoryNew Zealand
CityVirtual, Auckland
Period05/19/20 → …

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