We provide a generic Monte Carlo method to find the alternative of maximum expected utility in a decision analysis. We define an artificial distribution on the product space of alternatives and states, and show that the optimal alternative is the mode of the implied marginal distribution on the...

According to the International Air Transport Association, the industry fuel bill accounts for more than 25% of the annual airline operating costs. In times of severe economic constraints and increasing fuel costs, air carriers are looking for ways to reduce costs and improve fuel efficiency...

This book introduces a general framework for sensitivity analysis in multi-objective decision making. It deals with decision making under partial information. The proper axiomatic foundations are developed, a convenient paramentric model is introduced and the adequate solution concepts are...