The US has been a pioneer w.r.t. the modern hub-and-spoke (HS) system which found near unequivocal support among aviation scholars over the last few decades. The author takes a more critical approach with regards to the central role that hub airports play within the ATS, particularly when...

Optimizing operational plans of a classification yard is very important for freight management as it helps fully utilize the limited resources of its rail network. Typical yard planning performance measures are the number of inbound/outbound trains received/assembled, the number of blocks made,...

Dubai Metro is the city railway transport under the Road and Transport Authority (RTA) of Dubai. It is operated as a cyclic schedule on fixed O-D pairs and two lines. The two lines are (i) the Red line which runs between Rashidiya and Jebel Ali and (ii) the Green line which operates between Al...

We compute the Fama-French and momentum factor returns for the Indian equity market for the October 1993 - December 2013 period using data from CMIE Prowess. We differ from the previous studies on this topic, in the Indian market, in several significant ways. First, we cover a greater number of...

Health performance of Gujarat viewed in terms of the Human Development Index (HDI) portrays it as a medium performer in the country. However, the index of health component for Gujarat is found to be positively contributing to the HDI ranking of the state. It is, therefore, crucial to review the...

We introduce a stochastic optimization based decision support system (DSS) for asset-liability management of a life insurance firm using a multi-stage, stochastic optimization model. The DSS is based on a multi-stage stochastic linear program (SLP) with recourse for strategic planning. The model...

Preference of satiation of a target performance over maximization of expected performance in uncertain situations is well-documented in the economics literature. However, the newsboy problem with satiation (of a prot target) objective has not received its due attention. In the multi-product...

The passing of the long awaited Companies Act in 2013 is probably the single most important development in India’s history of corporate legislation, next only to the monumental Companies Act 1956 which it replaces. While significant improvements have been effected in required standards of...

Questionnaire surveys of perceptions of institutional environment have been found to be a good diagnostic tool to facilitate self-renewal, leading to effective management of institutions of Higher education. Normally, such tools are developed by interviewing multiple stakeholders (faculty,...