Central Asia including Kyrgyzstan is a disaster prone area, suffering from snow avalanches, landslides and flooding. Within the Tyan-Shan region, a mountainous region in Southern Kyrgyzstan, there is an increasing number of natural hazards over the last years. One of the possible causes of the...

This paper proposes a procurement mechanism for a research and development (R&D) project, in which the stochastic nature of R&D is incorporated, and the potential agents needed to invest prior to the agent are selected. The incentive contract aims to attract the investment of potential agents...

Assortment optimization is a fundamental problem in revenue management, in which the objective usually is to select a subset of products to offer to customers in order to maximize expected revenue or profit. However, business practices often involve multiple, and potentially conflicting goals....