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Decomposition and Partitioning Methods for Multistage Stochastic Linear Programs

Decomposition and Partitioning Methods for Multistage Stochastic Linear Programs

Multistage stochastic linear programs model problems in financial planning, dynamic traffic assignment, economic policy analysis, and many other applications. Equivalent representations of such problems as deterministic linear programs are, however, excessively large. This paper develops decomposition and partitioning methods for solving these problems and reports on computational results on a …