STOCHASTIC PROGRAMS WITH RECOURSE: ON THE CONTINUITY OF THE OBJECTIVE,
Abstract
In an earlier paper, 'Stochastic Programs with Recourse,' the authors introduced a general class of stochastic (linear) programs and showed, among other things, that the objective of any such program is convex when considered as a function of the first-stage decision variables. In this paper it is shown that the objective is also lower semi-continuous. In the process of proving this result, a lemma of general interest in the theory of convex functions is established.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1968
- Accession Number
- AD0665736
Entities
People
- David W. Walkup
- R. J.-b. Wets
Organizations
- Boeing