Some insurance firms challenged with a portfolio of high-variance risks face the classic trade-off between risk spreading and risk retaining. Using crop insurance as an example, a new solution to this ...

Journal of Urban and Environmental Engineering, Vol. 10, No. 1 (January to June 2016), pp. 42-49 (8 pages) Abstract: Land use planning seeks to divide land, the most valuable resource in the hands of ...

Markowitz’s mean–variance portfolio model is widely used in the field of investment management. The changing dynamics of markets have resulted in higher uncertainties surrounding returns. Returns have ...

Conventional quantum algorithms are not feasible for solving combinatorial optimization problems (COPs) with constraints in the operation time of quantum computers. To address this issue, researchers ...