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Some important conceptual problems concerning the application of chance constrained programming (CCP) to risky practical decision problems are discussed by comparing CCP to stochastic programming with recourse (SPR). We expand on Garstka's distinction between mathematical equivalence and...
Persistent link: https://www.econbiz.de/10009214045
We show in this reply that the response by Charnes and Cooper to our paper is aimed at an issue that is only tangential to our analysis and does not affect our conclusions.
Persistent link: https://www.econbiz.de/10009191849