The purpose of this paper is to formally describe new optimization models for distributed telecommunication networks.Modern distributed networks put more focus on the processing of information and less on the actual transportation of datathan we are traditionally used to in telecommunications....

Contemporary financial stochastic programs typically involve a trade-offbetween return and (downside)-risk. Using stochastic programming we characterize analytically (rather than numerically) the optimal decisions that follow from characteristic single-stage and multi-stage versions of such...