Stan is a free and open-source C++ program that performs Bayesian inference or optimization for arbitrary user-specified models and can be called from the command line, R, Python, Matlab, or Julia and ...

At its F8 developer conference, Facebook today launched Ax and BoTorch, two new open-source AI tools. BoTorch, which, as the name implies, is based on PyTorch, is a library for Bayesian optimization.

We consider an assortment optimization problem where a retailer chooses an assortment of products that maximizes the profit subject to a capacity constraint. The demand is represented by a multinomial ...