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This handbook includes contributions related to optimization, pricing and valuation problems, risk modeling and decision making problems arising in global financial and commodity markets from the perspective of Operations Research and Management Science. The book is structured in three parts, emphasizing common methodological approaches arising in the areas of interest: -          Part I: Optimization techniques -          Part II: Pricing and Valuation -          Part III: Risk Modeling The book presents to a wide community of Academics and Practitioners a selection of theoretical and applied contributions on topics that have recently attracted increasing interest in commodity and financial markets. Within a structure based on the three parts, it presents recent state-of-the-art and original works related to: -          The adoption of multi-criteria and dynamic optimization approaches in financial and insurance markets in presence of market stress and growing systemic risk; -          Decision paradigms, based on behavioral finance or factor-based, or more classical stochastic optimization techniques, applied to portfolio selection problems including new asset classes such as alternative investments; -          Risk measurement methodologies, including model risk assessment, recently applied to energy spot and future markets and new risk measures recently proposed to evaluate risk-reward trade-offs in global financial and commodity markets; and derivatives portfolio hedging and pricing methods recently put forward in the financial community in the aftermath of the global financial crisis.

This book focuses on optimal control and systems engineering in the big data era. Part I offers reviews on optimization and control theories, and Part II examines the optimization and control applications.

This book is an expository introduction to the methodology of sensitivity analysis of model output.

This book pulls together robust practices in Partial Least Squares Structural Equation Modeling (PLS-SEM) from other disciplines and shows how they can be used in the area of Banking and Finance.

This book grows from a conference on the state of the art and recent advances in Efficiency and Productivity. Papers were commissioned from leading researchers in the field, and include eight explorations into the analytical foundations of efficiency and productivity analysis. Chapters on modeling advances include reverse directional distance function, a new method for estimating technological production possibilities, a new distance function called a loss distance function, an analysis of productivity and price recovery indices, the relation of technical efficiency measures to productivity measures, the implications for benchmarking and target setting of imposing weight restrictions on DEA models, weight restrictions in a regulatory setting, and the Principle of Least Action.Chapters on empirical applications include a study of innovative firms that use innovation inputs to produce innovation outputs, a study of the impact of potential ¿coopetition¿ or cooperation among competitors on the financial performance of European automobile plants, using SFA to estimate the eco-efficiency of dairy farms in Spain, a DEA bankruptcy prediction model, a combined stochastic cost frontier analysis model/mixture hazard model, the evolution of energy intensity in nine Spanish manufacturing industries, and the productivity of US farmers as they age.

This book presents classical Markov Decision Processes (MDP) for real-life applications and optimization. MDP allows users to develop and formally support approximate and simple decision rules, and this book showcases state-of-the-art applications in which MDP was key to the solution approach.

This book deals with complex problems in the fields of logistics and supply chain management and discusses advanced methods, especially from the field of computational intelligence (CI), for solving them.

This book begins with a review of basic results in optimal search for a stationary target. Next it develops methods for computing optimal search plans involving multiple targets and multiple searchers with realistic operational constraints on search movement.

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These three clusters are further subdivided into five parts which correspond to the main phases of the railway network planning process: network assessment, capacity planning, timetabling, resource planning, and operational planning.

This volume provides a survey of current research problems and results in humanitarian operations research. Additionally, it discusses existing applications of humanitarian operations research, and considers new research efforts that clearly extend existing research and applications.

This book provides the first unified treatment of logistics systems available to the field. There has been considerable growth in the logistics area and as a result, there is a need for a book that examines these developments as a systematic whole.

By exposing students to a variety of applications in a variety of areas and explaining how they can be modeled and solved, the book helps students develop the skills needed for modeling and solving problems that they may face in the workplace.

This book provides up-to-date analytical tools to address challenging operational problems in renewable energy production facilities, such as wind- and solar-based generation units. It includes many illustrative examples.

Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions.

This book reviews operations research theory, applications and practice in airline planning and operations. It examines the business and technical landscape, details best practices, and identifies open questions and areas for future research.

The new edition of this book shows how economists can use the analytical network process to supplement mathematical models, how it helps social scientists derive measurements for intangibles, and how engineers can link hard measurement to human values.

This book covers recent advances in efficiency evaluations, particularly data envelopment analysis (DEA) and stochastic frontier analysis (SFA) methods. It introduces the underlying theories, demonstrates the necessary calculations and discusses applications.

This book provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust.

This book is focused on the impact of ocean transport logistics on global supply chains. Finally Part III explores at shippers and global supply chain management, with chapters on transportation service procurement, hinterland transportation, green corridors, as well as competition and co-operation in maritime logistics operations.

In the foreword to Supply Chain Structures, Professor Paul Zipkin notes three global changes that have enabled the recent vast developments in the field of supply chains.

As optimization technology improves, the electric power industry is undergoing radical restructuring, and the role of commitment models is changing. The dual purpose of this book is to explore the technology and needs of the next generation of computer models for aiding unit commitment decisions.

This text addresses the modeling of scenarios in virtually every combat area including shooting without feedback, shooting with feedback, target defense, attrition models, game theory and wargames, search, unmanned aerial vehicles, and terror and insurgency.

Project scheduling problems are, generally speaking, the problems of allocating scarce resources over time to perform a given set of activities. ), Advances in Project Scheduling, Elsevier, 1989, summarizing the state-of-the-art across project scheduling problems, was published.

Other goals are to edit the known results in a unified manner, classify them and identify where and how they relate to each other, and fill in some gaps with new results. we have highlighted the results For each topic covered in the book, that, in our opinion, are the most important.

The generalized area of multiple criteria decision making (MCDM) can be defined as the body of methods and procedures by which the concern for multiple conflicting criteria can be formally incorporated into the analytical process.

Problems with multiple objectives and criteria are generally known as multiple criteria optimization or multiple criteria decision-making (MCDM) problems.

It unifies the field, drawing from industry sources as well as relevant research from disparate disciplines, as well as documenting industry practices and implementation details. Successful hardcover version published in April 2004.

The Handbook is a comprehensive research reference that is essential for anyone interested in conducting research in supply chain.