Generating two arbitrarily correlated R.V.

Food delivery optimization

Paper on Transportation Science (or see the working version here) Insights here: https://www.informs.org/About-INFORMS/News-Room/Press-Releases/New-Research-Says-Changes-in-Driver-Shifts-and-Pick-up-Choices-for-Food-Delivery-Services-Can-Boost-Profits “By introducing a minimum guaranteed hourly pay, platforms can gain more reliability among drivers and the benefits seem to outweigh the minimal cost increase,” said Savelsbergh. “A guaranteed pay rate of $15 an hour is 1.5 times the payment for a delivery …

The expectation of the maximum of RVs is greater or equal to the maximum of the expectations

For any sequence of RVs X1,...,Xn the following holds: E[max{X1, ..., Xn}] >= max{E[X1], ..., E[Xn]}    (*) Proof. We have that max{X1, ..., Xn} >= Xi for all i. Thus, this holds in expectation as well, i.e. E[max{X1, ..., Xn}] >= E[Xi] for all i. Since this holds for all i, it holds for …

Forums and gamifying innovation

Very nice article mentioning Q&A forums similar to my paper idea: Morgan and Wang (CMR 2010) - Tournaments for Ideas See also this Article. https://en.wikipedia.org/wiki/Yahoo!_Answers https://en.wikipedia.org/wiki/Google_Answers

Research tournaments are Tullock contests and hence WTA is optimal

A classic paper of "research tournaments" by Fullerton and McAfee (1999) assumes a single prize (by design). Hoppe-Wewetzer and Wagener (2019) show that a Fullerton–McAfee "research tournament" with multiple prizes is strategically equivalent to a (nested) multi-prize Tullock contest. Given that it is known that Tullock contests are strategically equivalent to "effort+noise" contests with Gumbel …

Several MBA MOOCs from the top US business schools

Link here: https://www.class-central.com/report/mooc-mba-top-b-schools/

OR conference in Dublin: 23rd-26th June 2019

If you are into OR and Optimization this is a conference opportunity to visit Dublin: https://www.euro2019dublin.com/ See also: https://www.youtube.com/watch?v=LECA5vtOaWQ