The replacement I-35W bridge in Minneapolis saw less traffic than the original bridge though it provided substantial travel time saving for many travelers. This observation cannot be explained by the classical route choice assumption that travelers always take the shortest path. Accordingly, a boundedly rational route switching model is proposed assuming that travelers will not switch to the ne...

Vizing's theorem states that the chromatic index 0 (G) of a graph G is either the maximum degree (G) or (G) + 1. A graph G is called overfull if jE(G)j > (G)bjV (G)j=2c. A suucient condition for 0 (G) = (G) + 1 is that G contains an overfull subgraph H with (H) = (G). Plantholt proved that this condition is necessary for graphs with a universal vertex. In this paper, we conjecture that, for ind...

We present a method for pricing structured CAT bonds based on utility indifference pricing. The CAT bond considered here is issued in two distinct notes called tranches, specifically senior and junior tranches each with its own payment schedule. Our contributions to the literature of CAT bond pricing are two-fold. First, we apply indifference pricing to structured CAT bonds. We find a price for...