Trading approaches relative value trades

Straight directional punt trade, and generally fund manj ers are given more latitude to put on relative value-style curve shaping trades compared to directional trades. However, this approach ultimately calls for the manager to call the directional move in the market r ht. 

Relatively few studies have used multiple criteria optimization approaches for improving HA/DR delivery operations and logistics planning. As an exception. Park (2007) develops a multi-objective decision making model to incorporate the decision maker(s) value trade-offs in the disaster relief resource allocation problem. The decision window for resource allocation is the critical first 72 hours after the initial damage assessment has been made. Value-focused thinking was used to capture the value trade-offs, and the... 

---