Article ID: | iaor19993152 |
Country: | Netherlands |
Volume: | 85 |
Issue: | 1 |
Start Page Number: | 59 |
End Page Number: | 78 |
Publication Date: | Mar 1999 |
Journal: | Annals of Operations Research |
Authors: | Pflug Georg Ch. |
Using statistical data instead of true underlying distributions in a stochastic optimization problem leads to an approximation error. We discuss how bounds for this error can be derived from results on uniformity in the law of large numbers.