On the Impossibility of Statistically Improving Empirical Optimization: A Second Order Stochastic Dominance Perspective
Henry Lam · 2025 · Management Science
WASTE classifies this as Negative / Null Result Report · AI classification, approximate
The study found no significant effect — useful as a negative control or null benchmark for your own design.
Abstract (excerpt)
When the underlying probability distribution in a stochastic optimization is observed only through data, various data-driven formulations have been studied to obtain approximate optimal solutions. We show that no such formulations can, in…
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Metadata source: Crossref · DOI 10.1287/mnsc.2024.04482