The theory of copulas provides a useful tool for modeling dependence in risk management. In insurance and finance, as well as in other applications, dependence of extreme events ...
The decision of whether to manufacture products within the US, manufacture internationally or to outsource production depends critically upon a thorough understanding of the costs...
Joseph C. Hartman, Stephen L. Liedtka, Lawrence V....
This paper describes a stochastic programming model that was developed for asset liability management of a Finnish pension insurance company. In many respects the model resembles t...
Petri Hilli, Matti Koivu, Teemu Pennanen, Antero R...
This tutorial addresses the problem of the migration of legacy assets to Service-Oriented Architecture (SOA) environments. It addresses how to develop a realistic strategy for per...