Overview: Probabilistic and percentile/quantile functions play animportant role in several applications, such as finance(Value-at-Risk), nuclear safety, and the environment. Recently,significant advances have been made in sensitivity analysis andoptimization of probabilistic functions, which is the basis forconstruction of new efficient approaches. This book presents the stateof the art in the theory of optimization of probabilistic functionsand several engineering and finance applications, including materialflow systems, production planning, Value-at-Risk, asset and liabilitymanagement, and o
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