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The field of portfolio selection is an active research topic, which combines elements and methodologies from various fields, such as optimization, decision analysis, risk management, data science, forecasting, etc. The modeling and…

Portfolio Management · Quantitative Finance 2020-10-28 A. Georgantas

Knowledge distillation enables fast and effective transfer of features learned from a bigger model to a smaller one. However, distillation objectives are susceptible to sub-population shifts, a common scenario in medical imaging analysis…

Computer Vision and Pattern Recognition · Computer Science 2023-11-02 Konstantinos Vilouras , Xiao Liu , Pedro Sanchez , Alison Q. O'Neil , Sotirios A. Tsaftaris

Distributionally Favorable Optimization (DFO) is an important framework for decision-making under uncertainty, with applications across fields such as reinforcement learning, online learning, robust statistics, chance-constrained…

Optimization and Control · Mathematics 2024-02-01 Nan Jiang , Weijun Xie

We propose and analyze a new data-driven trade-off (TRO) approach for modeling uncertainty that serves as a middle ground between the optimistic approach, which adopts a distributional belief, and the pessimistic distributionally robust…

Optimization and Control · Mathematics 2025-01-15 Man Yiu Tsang , Karmel S. Shehadeh

Electric vehicles (EVs) are being rapidly adopted due to their economic and societal benefits. Autonomous mobility-on-demand (AMoD) systems also embrace this trend. However, the long charging time and high recharging frequency of EVs pose…

Optimization and Control · Mathematics 2022-11-28 Sihong He , Zhili Zhang , Shuo Han , Lynn Pepin , Guang Wang , Desheng Zhang , John Stankovic , Fei Miao

We study a routing and appointment scheduling problem with uncertain service and travel times arising from home service practice. Specifically, given a set of customers within a service region that an operator needs to serve, we seek to…

Optimization and Control · Mathematics 2021-11-23 Man Yiu , Tsang , Karmel S. Shehadeh

This paper studies the robust optimal operation of distribution networks (DNs) under renewable generation and load demand uncertainties, seeking an improved trade-off between robustness and economic performance. Building upon information…

Systems and Control · Electrical Eng. & Systems 2026-04-28 Zhisheng Xiong , Dimitris Boskos , Bo Zeng , Peter Palensky , Pedro P. Vergara

Distributionally robust stochastic optimization (DRSO) is an approach to optimization under uncertainty in which, instead of assuming that there is a known true underlying probability distribution, one hedges against a chosen set of…

Optimization and Control · Mathematics 2022-05-03 Rui Gao , Anton J. Kleywegt

Robustness to distributional shift is one of the key challenges of contemporary machine learning. Attaining such robustness is the goal of distributionally robust optimization, which seeks a solution to an optimization problem that is…

Machine Learning · Statistics 2020-03-24 Johannes Kirschner , Ilija Bogunovic , Stefanie Jegelka , Andreas Krause

Machine learning algorithms with empirical risk minimization are vulnerable under distributional shifts due to the greedy adoption of all the correlations found in training data. There is an emerging literature on tackling this problem by…

Machine Learning · Computer Science 2022-11-22 Jiashuo Liu , Zheyan Shen , Peng Cui , Linjun Zhou , Kun Kuang , Bo Li

We consider decision-making problems under decision-dependent uncertainty (DDU), where the distribution of uncertain parameters depends on the decision variables and is only observable through a finite offline dataset. To address this…

Optimization and Control · Mathematics 2025-08-12 Chengrui Qu , Huiwen Jia , Pengcheng You

There are numerous industrial settings in which a decision maker must decide whether to enter into long-term contracts to guarantee price (and hence cash flow) stability or to participate in more volatile spot markets. In this paper, we…

Optimization and Control · Mathematics 2025-01-28 Dimitri J. Papageorgiou

We consider stochastic programs conditional on some covariate information, where the only knowledge of the possible relationship between the uncertain parameters and the covariates is reduced to a finite data sample of their joint…

Optimization and Control · Mathematics 2021-11-23 Adrián Esteban-Pérez , Juan M. Morales

Single-level reformulations of (non-convex) distributionally robust optimization (DRO) problems are often intractable, as they contain semiinfinite dual constraints. Based on such a semiinfinite reformulation, we present a safe…

Optimization and Control · Mathematics 2025-06-09 J. Dienstbier , F. Liers , J. Rolfes

We present Re-weighted Gradient Descent (RGD), a novel optimization technique that improves the performance of deep neural networks through dynamic sample re-weighting. Leveraging insights from distributionally robust optimization (DRO)…

Machine Learning · Computer Science 2024-10-15 Ramnath Kumar , Kushal Majmundar , Dheeraj Nagaraj , Arun Sai Suggala

We consider statistical methods which invoke a min-max distributionally robust formulation to extract good out-of-sample performance in data-driven optimization and learning problems. Acknowledging the distributional uncertainty in learning…

Statistics Theory · Mathematics 2021-08-05 Jose Blanchet , Karthyek Murthy , Viet Anh Nguyen

Distributionally robust optimization (DRO) is an effective approach for data-driven decision-making in the presence of uncertainty. Geometric uncertainty due to sampling or localized perturbations of data points is captured by Wasserstein…

Machine Learning · Statistics 2023-11-10 Sloan Nietert , Ziv Goldfeld , Soroosh Shafiee

Distributionally robust optimal control (DROC) is gaining interest. This study presents a reformulation method for discrete DROC (DDROC) problems to design optimal control policies under a worst-case distributional uncertainty. The…

Optimization and Control · Mathematics 2025-10-22 Yuma Shida , Yuji Ito

Models trained with empirical risk minimization (ERM) are revealed to easily rely on spurious correlations, resulting in poor generalization. Group distributionally robust optimization (group DRO) can alleviate this problem by minimizing…

Computation and Language · Computer Science 2023-05-23 Ting Wu , Rui Zheng , Tao Gui , Qi Zhang , Xuanjing Huang

This manuscript introduces the idea of using Distributionally Robust Optimization (DRO) for the Counterfactual Risk Minimization (CRM) problem. Tapping into a rich existing literature, we show that DRO is a principled tool for…

Machine Learning · Statistics 2019-12-17 Louis Faury , Ugo Tanielian , Flavian Vasile , Elena Smirnova , Elvis Dohmatob