The China-Pakistan economic corridor (CPEC) is a collection of different ongoing projects including transportation, infrastructure, the Gwadar seaport, oil pipeline, and internet connection zone projects. The Chinese government has adopted a development strategy for infrastructure growth and...

Most scheduling problems are notoriously intractable, so the majority of algorithms for them are heuristic in nature. Priority rule-based methods still constitute the most important class of these heuristics. Of these, in turn, parameterized biased random sampling methods have attracted...

Most scheduling problems are notoriously intractable, so the majority of algorithms for them are heuristic in nature. Priority rule-based methods still constitute the most important class of these heuristics. Of these, in turn, parameterized biased random sampling methods have attracted...

For most computationally intractable problems there exists no heuristic which performs best on all instances. Usually, a heuristic characterized as best will perform good on the majority of instances but leave a minority on which other heuristics do better. In priority rule-based scheduling,...

Risk management is one of the most important branches of business and finance. Classification models are the most popular and widely used analytical group of data mining approaches that can greatly help financial decision makers and managers to tackle credit risk problems. However, the...

We propose a mathematical model of momentum risk-taking, which is essentially real-time risk management focused on short-term volatility. Its implementation, a fully automated momentum equity trading system, is systematically discussed in this paper. It proved to be successful in extensive...

In this paper, a new form of weather derivative contract, namely the climatic zone-based growth degree-day (GDD) contract, is introduced. The objective is to increase the risk management efficiency in the agricultural sector of China and to reduce the model dimension of multi-regional...

Following the three-pillar structure of the Basel II/III framework, the article categorises and surveys 279 academic papers on operational risk in financial institutions, covering the period from 1998 to 2014. In doing so, different lines of both theoretical and empirical directions for research...

In previous works, the importance of risk management implementation was addressed with regard to the problem of bankruptcy threat, with the explanation of risk impact on higher bankruptcy costs or the underinvestment problem. However, the evaluation of the impact of risk outcomes is technically...

In uncertain food safety environments, the suppliers of food raw materials (FRM) are facing crucial food safety issues. Therefore, this article aims to probe the risk-averse attitude of FRM suppliers in the face changing marketing environments, in order to establish a decision-making theory as a...