Purpose: There is usually a considerable shortage of resources and a lack of accurate data about the demand amount in a post-disaster situation. This paper aims to model the distribution and redistribution of relief items. When the new data on demand and resources become available the...

Purpose The purpose of this paper is to develop a prescriptive portfolio selection (PPS) model based on a compromise between the idea of “fast” and “slow” thinking proposed by Kahneman. Design/methodology/approach “Fast” thinking is effortless and comfortable for investors, while...