Both the static and the dynamic single-leg revenue management problem are studied from the perspective of a risk-averse decision maker. Structural results well-known from the risk-neutral case are extended to the risk-averse case on the basis of an exponential utility function. In particular,...

Both the static and the dynamic single-leg revenue management problem are studied from the perspective of a risk-averse decision maker. Structural results well-known from the risk-neutral case are extended to the risk-averse case on the basis of an exponential utility function. In particular,...

The only therapy for a patient with end-stage liver disease (ESLD) is liver transplantation, which is performed by using either a cadaveric liver from a deceased donor or a portion of a living-donor's liver. This study addresses the following decision problem for an ESLD patient with an...

Two models for random graph formation are introduced that use a set of vertices with an associated set of vectors. A random process determines whether edges will be formed or clusters of connected vertices destroyed: edge-formation between vertices with similar vectors is preferred, and cluster...