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We propose an end-to-end distributionally robust system for portfolio construction that integrates the asset return prediction model with a distributionally robust portfolio optimization model. We also show how to learn the risk-tolerance…

Computational Finance · Quantitative Finance 2022-06-13 Giorgio Costa , Garud N. Iyengar

This paper addresses a novel \emph{cost-sensitive} distributionally robust log-optimal portfolio problem, where the investor faces \emph{ambiguous} return distributions, and a general convex transaction cost model is incorporated. The…

Optimization and Control · Mathematics 2024-11-01 Chung-Han Hsieh , Xiao-Rou Yu

This paper studies the communication complexity of convex risk-averse optimization over a network. The problem generalizes the well-studied risk-neutral finite-sum distributed optimization problem and its importance stems from the need to…

Optimization and Control · Mathematics 2023-03-08 Guanghui Lan , Zhe Zhang

We consider a minimax problem motivated by distributionally robust optimization (DRO) when the worst-case distribution is continuous, leading to significant computational challenges due to the infinite-dimensional nature of the optimization…

Machine Learning · Statistics 2024-12-31 Linglingzhi Zhu , Yao Xie

This paper deals with distributed control of microgrids composed of storages, generators, renewable energy sources, critical and controllable loads. We consider a stochastic formulation of the optimal control problem associated to the…

Optimization and Control · Mathematics 2021-06-16 Andrea Camisa , Giuseppe Notarstefano

Multi-stage problems with uncertain parameters and integer decisions variables are among the most difficult applications of robust optimization (RO). The challenge in these problems is to find optimal here-and-now decisions, taking into…

Optimization and Control · Mathematics 2018-05-30 Ward Romeijnders , Krzysztof Postek

With an extensive increment of computation demands, the aerial multi-access edge computing (MEC), mainly based on unmanned aerial vehicles (UAVs) and high altitude platforms (HAPs), plays significant roles in future network scenarios. In…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-04 Ziye Jia , Can Cui , Chao Dong , Qihui Wu , Zhuang Ling , Dusit Niyato , Zhu Han

Uncertain optimization problems with decision dependent information discovery allow the decision maker to control the timing of information discovery, in contrast to the classic multistage setting where uncertain parameters are revealed…

Optimization and Control · Mathematics 2022-08-09 Rosario Paradiso , Angelos Georghiou , Said Dabia , Denise Tönissen

In this paper, an optimization problem with uncertain constraint coefficients is considered. Possibility theory is used to model the uncertainty. Namely, a joint possibility distribution in constraint coefficient realizations, called…

Optimization and Control · Mathematics 2023-09-07 Romain Guillaume , Adam Kasperski , Pawel Zielinski

In this paper we consider a network of processors aiming at cooperatively solving linear programming problems subject to uncertainty. Each node only knows a common cost function and its local uncertain constraint set. We propose a…

Optimization and Control · Mathematics 2019-08-27 Mohammadreza Chamanbaz , Giuseppe Notarstefano , Roland Bouffanais

Transmission system operators employ reserves to deal with unexpected variations of demand and generation to guarantee the security of supply. The French transmission system operator RTE dynamically sizes the required margins using a…

Optimization and Control · Mathematics 2024-05-14 Jonathan Dumas

We investigate a scheduling problem arising from a material handling and processing problem in a production line of an Austrian company building prefabricated house walls. The addressed problem is a permutation flow shop with blocking…

Optimization and Control · Mathematics 2025-09-16 Gaia Nicosia , Andrea Pacifici , Ulrich Pferschy , Anna Russo Russo , Cecilia Salvatore

Our work departs from the original definition of the Pickup and Delivery Problem (PDP) and extends it by considering an interchange point (crossdock) where vehicles can exchange their goods with other vehicles in order to shorten their…

Optimization and Control · Mathematics 2023-11-28 Konstantinos Gkiotsalitis , Amalia Nikolopoulou

In this paper we consider a distributed optimization scenario in which a set of agents has to solve a convex optimization problem with separable cost function, local constraint sets and a coupling inequality constraint. We propose a novel…

Systems and Control · Computer Science 2018-04-25 Ivano Notarnicola , Giuseppe Notarstefano

Optimal-Transport Distributionally Robust Optimization (OT-DRO) robustifies data-driven decision-making under uncertainty by capturing the sampling-induced statistical error via optimal transport ambiguity sets. The standard OT-DRO pipeline…

Optimization and Control · Mathematics 2025-09-17 Jonas Ohnemus , Marta Fochesato , Riccardo Zuliani , John Lygeros

This paper studies Distributionally Robust Optimization (DRO), a fundamental framework for enhancing the robustness and generalization of statistical learning and optimization. An effective ambiguity set for DRO must involve distributions…

Machine Learning · Computer Science 2026-02-10 Jiaqi Wen , Jianyi Yang

This paper presents a model for a vehicle routing problem in which customer demands are stochastic and vehicles are divided into compartments. The problem is motivated by the needs of certain agricultural cooperatives that produce various…

Optimization and Control · Mathematics 2024-10-24 Juan Carlos Gonçalves-Dosantos , Laura Davila-Pena , Balbina Casas-Méndez

Recent deep models for solving routing problems always assume a single distribution of nodes for training, which severely impairs their cross-distribution generalization ability. In this paper, we exploit group distributionally robust…

Machine Learning · Computer Science 2022-02-16 Yuan Jiang , Yaoxin Wu , Zhiguang Cao , Jie Zhang

This paper considers structural optimization under a reliability constraint, where the input distribution is only partially known. Specifically, when we only know that the expected value vector and the variance-covariance matrix of the…

Optimization and Control · Mathematics 2022-12-19 Yoshihiro Kanno

We consider the problem of reserving link capacity in a network in such a way that any of a given set of flow scenarios can be supported. In the optimal capacity reservation problem, we choose the reserved link capacities to minimize the…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-05-03 Nicholas Moehle , Xinyue Shen , Zhi-Quan Luo , Stephen Boyd