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We compare two models of a multi-server queueing system with state-dependent service rates and return probabilities. In both models, upon completing service, customers are delayed prior to possibly returning to service. In one model, the determination of whether a customer will return occurs immediately upon service completion, at the beginning of the delay. In the other, that determination is made at the end of the delay, capturing the idea that it takes time for the customer’s condition and needs to evolve or assess, before it becomes known whether a return to service is needed.

In this talk, we discuss a discrete-time model where the underlying asset price is subject to stochastic volatility and liquidity for optimal trade execution. This model is an extension of Almgren and Chriss' model. Instead of the mean-variance criterion, we consider the mean-quadratic criterion for choosing the optimal strategy through applications of Markov decision processes. We carry out a numerical analysis by Monte Carlo simulation and provide detailed comparison results under various risk aversion criteria.

This study examines how duration of patent examination is affected by technological diversity of patent applications, using a sample of all pharmaceutical patent applications filed between 1985 and 2017 at China’s State Intellectual Property Office (SIPO). Patent examination is a crucial process to evaluate the patentability of technological inventions. To understand what factors influence patent examination duration can offer strategic insights for both patent applicants and patent system designers.

Tuesday, December 4, 2018 12:00 am - Wednesday, December 5, 2018 12:00 am EST (GMT -05:00)

Fall 2018 ExpecTAtions teaching assistant workshop

ExpecTAtions is a two-day workshop that prepares Waterloo Engineering students to undertake a teaching assistantship. To serve as a TA, you are required to complete the ExpecTAtions workshop. After full attendance and successful completion of all required activities you will receive a certificate noting your achievement.

Supervisors

Qi-Ming He

Fatih Erenay

Committee chair

Jean-Pierre Hickey - Mechanical & Mechatronics Engineering

Examining committee

Qi-Ming He - Management Sciences

Fatih Erenay - Management Sciences

Elizabeth M. Jewkes - Management Sciences

Stanko Dimitrov - Management Sciences

David Landriault - Statistics and Actuarial Science

Saturday, February 9, 2019 10:00 am - 4:00 pm EST (GMT -05:00)

Canadian Blockchain Olympiad Training Day

building behind hexagonal logo

The four-part Canadian Blockchain Olympiad Training Camp programme to prepare Canadian students for entering the 2019 International Blockchain Olympiad (www.ibcol.org), a multidisciplinary design & building competition for solving real-world challenges through decentralised apps.

Tuesday, February 26, 2019 8:30 am - 10:00 am EST (GMT -05:00)

Study abroad this summer in the UK

Undergraduate students: further your education and get another stamp in your passport with Bader International Study Centre, the international campus of Queen's University. The Centre is located in Herstmonceux Castle in East Sussex, United Kingdom, in the heart of the English countryside. This summer, you can learn intercultural skills, engage in extracurricular sports and social activities, and explore Europe while enrolled in one of Bader International Study Centre's unique programs.

Tuesday, February 26, 2019 4:00 pm - 5:30 pm EST (GMT -05:00)

Study abroad this summer in the UK

Undergraduate students: further your education and get another stamp in your passport with Bader International Study Centre, the international campus of Queen's University. The Centre is located in Herstmonceux Castle in East Sussex, United Kingdom, in the heart of the English countryside. This summer, you can learn intercultural skills, engage in extracurricular sports and social activities, and explore Europe while enrolled in one of Bader International Study Centre's unique programs.