Simple sum monetary aggregates are based on accounting conventions and have no aggregation theoretic foundations in economic theory. In contrast, Divisia monetary aggregates are directly derived from aggregation and index number theory. Credit card services cannot be included in simple sum...

Simple sum monetary aggregates are based on accounting conventions and have no aggregation theoretic foundations in economic theory. In contrast, Divisia monetary aggregates are directly derived from aggregation and index number theory. Credit card services cannot be included in simple sum...

Imbalance between fast-growing transport demand and limited network supply has resulted in severe congestion in many transport networks. Increasing network supply or reducing transport demand could mitigate congestion, but these remedies are usually associated with high implementation cost....

Inspired by an old adage "Gold corner, silver side and strawy void", and improved by a new observation "Maximum value in diamond cave", a new heuristic approach is proposed for solving the three-dimensional single container loading problem. Differing from several previous approaches, its key...

This paper investigates the relationships between coherent (convex) risk measures and Choquet expectations under the g-expectations framework. We deduce that convex risk measures can be dominated by Choquet expectations if, and only if they are coherent risk measures.