JSTOR Daily

Decision Problems under Risk and Chance Constrained Programming: Dilemmas in the Transition

Some important conceptual problems concerning the application of chance constrained programming (CCP) to risky practical decision problems are discussed by comparing CCP to stochastic programming with ...
JSTOR Daily

Estimation of Stochastic Frontier Cost Function Using Data Envelopment Analysis: An Application to the AT&T Divestiture

This study develops a new use of data envelopment analysis for estimating a stochastic frontier cost function that is assumed to have two different error components ...
IEEE

Two-Stage Stochastic Optimization Model for Multi-Microgrid Planning

Abstract: This paper presents a Two Stage stochastic Programming (TSSP) model for the planning of Multi-Microgrids (MMGs) in Active Distribution Networks (ADNs). The model aims to minimize the total ...
Frontiers

Optimal portfolio selection in jump-uncertain stochastic markets via maximum principle and dynamic programming

1 Department of Statistics and Mathematics, Bindura University of Science Education, Bindura, Zimbabwe 2 Department of Mathematics, University of Botswana, Gaborone, Botswana This study develops a ...