We introduce a quantitative model that can be used for decision support for planning and optimizing the composition of portfolios of market-driven academic programs within the context of higher education. This model is intended to enable leaders in colleges and universities to maximize financial...

This note provides a methodological contribution to the allocation of joint revenues obtained from passepartouts. In a passepartout system a group of service providers offers a passepartout that allows its owners the use of specified services for an unlimited number of times during a fixed...

In this paper we use Lagrange interpolation polynomials to obtain good gradient estimations. This is e.g. important for nonlinear programming solvers. As an error criterion we take the mean squared error. This error can be split up into a deterministic and a stochastic error. We analyze these...