By operating in the gray zone, states preserve escalation optionality, avoid reputation-locking commitments, and retain the ability to shift posture without incurring sudden political or strategic ...
Abstract: This article presents a problem on model uncertainties in stochastic control, in which an agent assumes a best case scenario on one risk and at the same time a worst case scenario on another ...
Abstract: The Traveling Salesman Problem (TSP) is a widely studied NP-complete optimization challenge with significant theoretical and practical implications. This study proposes a hybrid ...
Performances in N.Y.C. Advertisement Supported by Listen to recordings by Maria Dueñas and Daniil Trifonov, works by Thomas Adès and Tania León, and more. London Philharmonic Orchestra; Thomas Adès, ...
ABSTRACT: In this paper, we study the dividend payments prior to absolute ruin in a Markov-dependent risk process in which the claim occurrence and the claim amount are regulated by an external ...