This paper discusses the application of an index tracking technique to mutual fund replication problems. By using a tracking error (TE) minimization method and two tactical rebalancing strategies (i.e. the calendar based strategy and the tolerance triggered strategy), a multi-period fund...

Mathematical models describing water resources systems optimization are characterized by a large number of variables and constraints, which are needed to describe the physical components of the system, its functional ties, and its operating modalities. Some special algebraic structures allow its...