This paper derives and tests a new linear programming (LP) approach to bond portfolio management. The model elicits possible tax-clientele effects in the pricing of U.S. Government coupon bonds and ...

Frederic H. Murphy, Venkat Panchanadam, Understanding Linear Programming Modeling through an Examination of the Early Papers on Model Formulation, Operations Research, Vol. 45, No. 3 (May - Jun., 1997 ...