Epidemics require dynamic response strategies that encompass a multitude of policy alternatives and that balance health, economic and societal considerations. We propose a simulation-optimization framework to aid policymakers select closure, protection and travel policies to minimize the total...

A retiree with a savings account balance, but without a pension, is confronted with an important investment decision that has to satisfy two conflicting objectives. Without a pension, the function of the savings is to provide post-employment income to the retiree. At the same time, most retirees...