As various city agencies and mobility operators around the world navigate toward innovative mobility solutions, there is a need for strategic flexibility in well-timed investment decisions in the design and timing of mobility service regions, i.e. cast as "real options". This problem becomes...

In many urban areas and urban-rural regions, the price of electricity is not only subject to time-of-use tariffs, but also dependent on the its usage purpose or service sector, significantly varying across different geographic locations or land uses. Such a spatial price difference greatly...

This paper is concerned with the stochastic shortest path problem with recourse when limited forms of spatial and temporal arc cost dependencies are accounted for. Recourse is defined as the opportunity for a decision-maker to re-evaluate his or her remaining path when en route information is...

We investigate the Meal Delivery Routing Problem (MDRP), managing courier assignments between restaurants and customers. Our proposed variant considers uncertainties in meal preparation times and future order numbers with their locations, mirroring real challenges meal delivery providers face....

In a traffic assignment problem with elastic demand, the equilibrium conditions are achieved on two levels, namely, the stochastic user equilibrium on the path level and the supply-demand equilibrium on the origin-destination level. By recognizing that both equilibrium levels imply random...

Current discussions about public and private pension plans often state that the stock market is less risky in the long run than in the short run. Pension plans with their rather long planning horizon are therefore asked to increase the allocation to the stock market. Such statements, however,...