Like its predecessor volumes, this conference proceedings is an up-to-date record of the current status of the maturing field of stochastic programming. Its advance is supported here by articles which report on practical applications in finance, production, logistics, energy and telecommunications. -- M A H Dempster "Professor Emeritus, Center for Financial Research, Department of Pure Mathematics and Statistics, University of Cambridge & Cambridge Systems Associates Limited, Cambridge UK"

• Finance: Longevity Risk Management for Individual Investors; Optimal SP-Based Personal Financial Planning with Intermediate and Long Term Goals; Intertemporal Surplus Management with Jump Risks; Jump-Diffusion Risk-Sensitive Benchmarked Asset Management; Dynamic Portfolio Optimization Under Regime-Based Firm Strength; Options Portfolio Management as a Chance Constrained Problem; Stochastic Models for Optimizing Immunization Strategies in Fixed-Income Security Portfolios Under Some Sources of Uncertainty; Stochastic Programming and Optimization in Horserace Betting; Production Planning and Logistics: Multi-Stage Stochastic Programming for Natural Gas Infrastructure Design with a Production Perspective; Stochastic Programming Model for Optimizing the Production of Farmed Atlantic Salmon; Prioritizing Network Interdiction of Nuclear Smuggling; Sawmill Production Planning Under Uncertainty: Modelling and Solution Approaches; Energy: An Electricity Procurement Model with Energy and Peak Charges; Value of Flexibility in Hydroelectric Reservoir Operations; Multi-Lag Benders Decomposition for Power Generation Planning with Nonanticipativity Constraints on the Dispatch of LNG Thermal Plants; Theory Papers: Stochastic Second-Order Cone Programming in Mobile Ad-Hoc Networks; Stochastic Frequency Assignment Problem.