Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Risk averse stochastic programming: time consistency and optimal
  stopping   Bellman formulated a vague principle for optimization over time, which
characterizes optimal policies by stating that a decision maker should not
regret previous decisions retrospectively. This paper addresses time
consistency in stochastic optimization. The problem is stated in generality
first. The paper discusses time consistent decision-making by addressing risk
measures which are recursive, nested, dynamically or time consistent and
introduces stopping time risk measures. It turns out that the paradigm of time
consistency is in conflict with various desirable, classical properties of
general risk measures.

31
The categories of this paper are: ao-sci
10
The categories of this paper are: q-bio
26
The categories of this paper are: bayes-an
5
The categories of this paper are: gr-qc
1
The categories of this paper are: cs
11
The categories of this paper are: hep-lat
13
The categories of this paper are: quant-ph
4
The categories of this paper are: cond-mat
32
The categories of this paper are: atom-ph
36
The categories of this paper are: cmp-lg
9
The categories of this paper are: nlin
12
The categories of this paper are: nucl-th
28
The categories of this paper are: alg-geom
25
The categories of this paper are: patt-sol
22
The categories of this paper are: chao-dyn
23
The categories of this paper are: solv-int