Ask a Question

Prefer a chat interface with context about you and your work?

Learning Decisions Offline from Censored Observations with {\epsilon}-insensitive Operational Costs

Learning Decisions Offline from Censored Observations with {\epsilon}-insensitive Operational Costs

Many important managerial decisions are made based on censored observations. Making decisions without adequately handling the censoring leads to inferior outcomes. We investigate the data-driven decision-making problem with an offline dataset containing the feature data and the censored historical data of the variable of interest without the censoring indicators. Without …