An Optimisation Approach for Long-Term Industrial Investment Planning

An Approach For Investment Allocation Among Alterative Economic Sectors

A large deviations approach to optimal long term investment

We consider an investment model where the objective is to overperform a given benchmark or index. We study this portfolio management problem for a long term horizon. This asymptotic criterion leads to a large deviation probability control problem. Its dual problem is an ergodic risk sensitive control problem on the optimal logarithmicmoment generating function that is explicitly derived.A caref...

A Chance Constrained Integer Programming Model for Open Pit Long-Term Production Planning

The mine production planning defines a sequence of block extraction to obtain the highest NPV under a number of constraints. Mathematical programming has become a widespread approach to optimize production planning, for open pit mines since the 1960s. However, the previous and existing models are found to be limited in their ability to explicitly incorporate the ore grade uncertainty into the p...

Planning with tokens: an approach between satisfaction and optimisation

This paper presents an initial approach in an attempt to integrate powerful propositional planning tools within a general planning process possibly involving both numerical and symbolic uncertainties. Recently developed propositional approaches to planning allow to build and search efficiently a planning graph. Yet, handling uncertainty and numerical optimization criteria within such frameworks...

Behavioral Modeling in Optimal Investment-Consumption Decisions for Long-term Financial Planning

Long-term Financial Planning Abstract: In this paper we develop a modeling framework that incorporates behavioral aspects for an individual planner’s consumption, saving and investment decisions for long-term financial planning. The observed behavioral aspects in preferences, such as, hyperbolic time preference, loss aversion, asymmetric perception of uncertainty, dynamically-shifting reference...