<p><p><span style="font-size: 11.000000pt; font-family: 'CMR10';">We apply stratified sampling with equiprobable strata and a single observa- tion drawn from each stratum to the approximate computation of stochastic programming problems. We determine the convergence rate of the approximation error both when com- puting expectations and when approximating...</span></p></p>

One of the goals of the European Commission in the energy sector is creating a single competitive European market. The decision to liberalise energy markets has far-reaching consequences not only for gas companies, but also for the rest of the real economy in view of the fact that natural gas is...