The Revenue Management (RM), namely the pricing and the inventory control of a perishable product, is usually used to improve services marketing efficiency. While booking a flight, the manager has to allocate seats to various fare classes. Then, he has to assess the consequence of a current...

This paper analyzes the assignment of durable objects to successive generations of agents who live for two periods. The optimal assignment rule is stationary, favors old agents and is determined by a selectivity function which satisfies an iterative functional differential equation. More patient...

Measuring the risk of a financial portfolio involves two steps: estimating the loss distribution of the portfolio from available observations and computing a ``risk measure" which summarizes the risk of the portfolio. We define the notion of ``risk measurement procedure", which includes both of...