Strategic financial risk management and operations research

Article Abstract:

A review of the stochastic optimization techniques utilized for asset/liability management (ALM) by international firms offering multiperiod financial planning services is described. Specifically, solution algorithms for solving the problem as characterized by dynamic stochastic control models and a split variable version of the stochastic asset allocation problem are discussed. These have been implemented in the ALM of international benefits consultant Towers Perrin and Frank Russell's Russell-Yasuda-Kasai system for insurance companies.

Asset-liability management (Banking), Asset liability management (Banking), Nonlinear programming

---

On a bi-dimensional dynamic alternative routing method

Article Abstract:

A study of a bi-dimensional dynamic routing model for telecommunications networks is presented. The model uses heuristic methods to solve instability problems. The routing methods through heuristics are compared with the discrete-event simulation in the dynamic routing system.

Portugal, Heuristic programming, Telecommunications traffic, Communications traffic, Wireless routers

---

Simulation-based optimization of social security systems under uncertainty

Article Abstract:

A method of optimizing social security simulation models, which are subject to demographic and economic risks and uncertainties, is presented.

Austria, Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Social Security

Similar abstracts:

• Abstracts: Guest editorial: Export marketing: developments and a research agenda. Strategic flexibility in export expansion: growing through withdrawal
• Abstracts: Brownian motion approximations for tankage assessment and stock control. A stochastic approach to a case study for product recovery network design
• Abstracts: Determinants of the use of internet as a tourist information source. The relationship between timing of tipping and service effort
• Abstracts: Balancing assembly lines effectively - a computational comparison. Solving multiattribute design problems with analytic hierarchy process and conjoint analysis: an empirical comparison
• Abstracts: Fund's partners face financial peril for raising long-term capital stakes. A stronger Yuan will have broad reach

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.