This paper investigates a stochastic optimal control problem with delay and of mean-field type, where the controlled state process is governed by a mean-field jump-diffusion stochastic delay differential equation. Two sufficient maximum principles and one necessary maximum principle are established for the underlying systems. As an application, a bicriteria mean-variance portfolio selection pro...

vendor selection decisions are complicated by the fact that various conflicting multi-objective factors must be considered in the decision making process. the problem of vendor selection becomes still more compli-cated with the inclusion of incremental discount pricing schedule. such hard combinatorial problems when solved using meta heuristics produce near optimal solutions. this paper propose...

Vendor selection decisions are complicated by the fact that various conflicting multi-objective factors must be considered in the decision making process. The problem of vendor selection becomes still more compli-cated with the inclusion of incremental discount pricing schedule. Such hard combinatorial problems when solved using meta heuristics produce near optimal solutions. This paper propose...

Abstract In this paper the concept of quantile-based optimal portfolio selection is introduced and a specific connected to it, conditional value-of-return (CVoR) portfolio, proposed. The CVoR defined as mean excess return or value-at-risk (CVaR) distribution. consists solely risk measures. Financial institutions that work in context Basel 4 use CVaR measure. regulatory framework sufficient nece...