The deterministic and stochastic versions of the resource allocation problem have already been discussed in the literature. The goal of this contribution is to formulate optimization models applicable to the problem of resource allocation under uncertainty, which signifies that profits resulting...

Can extending social welfare expenditures promote economic growth? This issue has been discussed extensively, with some research pointing to net benefits while others find a net negative impact. Insight can be gained by careful analysis of several sub-questions. For example, for two countries...