Transportation planning in forestry is divided into strategic, tactical and operational depending on the length of the planning horizon. We consider a tactical problem of finding efficient backhauling routes. Given a set of supply and demand points the backhauling problem is to identify a set of...

Owning to the similarities in the nature of their business operations, it should be possible to apply the successful experience of airline revenue management to mass media advertising. However, one of the salient differences between airlines and mass media advertising is rarely highlighted, i.e....

The appliance and lighting group of the General Electric (GE) Company allocates its shipping truckload to 17 different trucking companies over 701 different routes from one of its nine terminals. A sequence of several linear programming models was developed to help the management of the...

Hansen and Jagannathan (1997) introduce a measure of model misspecification which is based on the L2-norm and which has been wildly used in recent years in order to estimate the parameters of linear factor models. Given the observed asymmetry and excess kurtosis of financial returns, this paper...

This paper seeks to measure and evaluate the productive efficiency of health‐care organizations (hospitals) using a multicriteria Data Envelopment Analysis (DEA) methodology. DEA is a special linear programming model for deriving the comparative efficiency of multiple‐input multiple‐output...

Wetlands are among the most important natural resources on earth, as sources of biological, cultural and economic diversity. Conservation and management of wetlands have been identified as priority tasks for action in international conventions and regional policies, but extensive wetland area...

Tackling the problem of ecosystem services degradation is an important policy challenge. Different types of economic instruments have been employed by conservation agencies to meet this challenge. Notable among them are Payment for Ecosystem Services (PES) schemes that pay private landowners to...

The purpose of this study is to examine the possible local impacts of cap-and-trade climate policy on agricultural producers in the Northern Plains. This study explicitly considers farmer behavior with respect to agricultural opportunity in carbon offset provision and ability of adaptation to...