Particle Swarm Optimization (PSO) is a population-based stochastic optimization technique, which can be used to find an optimal, or near optimal, solution to a numerical and quali...
Much work on skewed, stochastic, high dimensional, and biased datasets usually implicitly solve each problem separately. Recently, we have been approached by Texas Commission on En...
Internet search companies sell advertisement slots based on users’ search queries via an auction. Advertisers have to solve a complex optimization problem of how to place bids o...
Much work on skewed, stochastic, high dimensional, and biased datasets usually implicitly solve each problem separately. Recently however, we have been approached by Texas Commiss...
Kun Zhang, Wei Fan, Xiaojing Yuan, Ian Davidson, X...
In this paper we study the optimal management of an aggregated pension fund of defined benefit type, in the presence of a stochastic interest rate. We suppose that the sponsor can ...