Financial Optimization: optimization paradigms and financial planning under uncertainty

Excerpt

This special issue provides a collection of research articles addressing different financial management and valuation problems arising in modern financial markets. When this issue was first proposed to the Journal Editor, our initial goal was to collect a set of articles considering similar financial optimization problems, but relying on different methodological approaches and alternative underlying statistical assumptions on market stochastics. As guest editors we are currently also completing a companion volume with Springer—as part of its International Series in Operations Research and Management Science, titled Optimal Financial Decision Making under Uncertainty —which is expected to be published by the end of 2015, and whose content is complementary to the one presented in this special issue. …