Stochastic Programming: Applications In Finance, Energy, Planning And Logistics

Discover the fascinating world of stochastic programming with "Stochastic Programming: Applications In Finance, Energy, Planning And Logistics" by Horand Gassmann. Released in 2013, this comprehensive hardback edition from World Scientific Publishing Co Pte Ltd spans 548 pages and explores the vast applications of stochastic programming across various fields.

This insightful volume features a collection of scholarly papers that delve into pressing issues such as longevity risk management for individual investors, personal financial planning, intertemporal surplus management, and dynamic portfolio management with benchmarks. Readers will gain a profound understanding of how mathematical optimization techniques and econometric models can address uncertainty in decision-making processes in finance, energy, and logistics.

Whether you're a student, researcher, or industry professional, this book is an essential resource for anyone looking to deepen their knowledge of stochastic processes and enhance their practical skills in industrial applications.