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Related papers: Optimal design, robustness, and risk aversion

200 papers

Multiobjective stochastic programming is a field well located to tackle problems arising in emergencies, given that uncertainty and multiple objectives are usually present in such problems. A new concept of solution is proposed in this…

Optimization and Control · Mathematics 2021-02-08 Javier León , Justo Puerto , Begoña Vitoriano

The interplay between criminal organizations and law enforcement disruption strategies is crucial in criminology. Criminal enterprises, like legitimate businesses, balance visibility and security to thrive. This study uses evolutionary game…

Physics and Society · Physics 2024-03-19 Casper van Elteren , Vítor V. Vasconcelos , Mike Lees

The paper is devoted to the relaxation and integral representation in the space of functions of bounded variation for an integral energy arising from optimal design problems. The presence of a perimeter penalization is also considered in…

Functional Analysis · Mathematics 2014-09-26 Graca Carita , Elvira Zappale

Extreme events, exacerbated by climate change, pose significant risks to the energy system and its consumers. However there are natural limits to the degree of protection that can be delivered from a centralised market architecture.…

General Economics · Economics 2023-02-06 Farhad Billimoria , Filiberto Fele , Iacopo Savelli , Thomas Morstyn , Malcolm McCulloch

In power systems, unpredictable events like extreme weather, equipment failures, and cyberattacks present significant challenges to ensuring safety and reliability. Ensuring resilience in the face of these uncertainties is crucial for…

Systems and Control · Electrical Eng. & Systems 2024-11-14 Saman Mazaheri Khamaneh , Tong Wu

We consider the Chance Constrained Model Predictive Control problem for polynomial systems subject to disturbances. In this problem, we aim at finding optimal control input for given disturbed dynamical system to minimize a given cost…

Optimization and Control · Mathematics 2016-05-04 Ashkan Jasour , Constantino Lagoa

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

Many of the successes of machine learning are based on minimizing an averaged loss function. However, it is well-known that this paradigm suffers from robustness issues that hinder its applicability in safety-critical domains. These issues…

Machine Learning · Computer Science 2022-06-09 Alexander Robey , Luiz F. O. Chamon , George J. Pappas , Hamed Hassani

Power systems are susceptible to natural threats including hurricanes and floods. Modern power grids are also increasingly threatened by cyber attacks. Existing approaches that help improve power system security and resilience may not be…

Systems and Control · Electrical Eng. & Systems 2021-07-08 Hao Huang , Varuneswara Panyam , Mohammad Rasoul Narimani , Astrid Layton , Katherine R. Davis

A framework for risk-averse optimization problems is introduced that is resilient to ambiguities in the true form of the underlying probability distribution. The focus is on problems with partial differential equations (PDEs) as…

Optimization and Control · Mathematics 2026-04-14 Harbir Antil , Alonso J. Bustos , Sean P. Carney , Benjamín Venegas

This paper proposes strategies for designing a system whose computational model is subject to aleatory and epistemic uncertainty. Aleatory variables, which are caused by randomness in physical parameters, are draws from a possibly unknown…

Methodology · Statistics 2026-02-18 Luis G. Crespo

Positive systems describing networks with inherently non-negative states and inputs arise naturally in routing, logistics, and compartmental modelling. We consider problems modelled as positive linear systems in incidence form with linear…

Optimization and Control · Mathematics 2026-05-28 Roland Schurig , David Ohlin , Anders Rantzer , Emma Tegling , Rolf Findeisen

Offline reinforcement learning (RL) is suitable for safety-critical domains where online exploration is too costly or dangerous. In such safety-critical settings, decision-making should take into consideration the risk of catastrophic…

Machine Learning · Computer Science 2023-10-31 Marc Rigter , Bruno Lacerda , Nick Hawes

As illustrated in recent years (Superstorm Sandy, the Northeast Ice Storm of 1998, etc.), extreme weather events pose an enormous threat to the electric power transmission systems and the associated socio-economic systems that depend on…

Optimization and Control · Mathematics 2017-03-20 Harsha Nagarajan , Russell Bent , Pascal Van Hentenryck , Scott Backhaus , Emre Yamangil

This paper presents a new approach to Model Predictive Control for environments where essential, discrete variables are partially observed. Under this assumption, the belief state is a probability distribution over a finite number of…

Robotics · Computer Science 2023-02-02 Camille Phiquepal , Marc Toussaint

The incorporation of stochastic loads and generation into the operation of power grids gives rise to an exposure to stochastic risk. This risk has been addressed in prior work through a variety of mechanisms, such as scenario generation or…

Optimization and Control · Mathematics 2017-11-06 Daniel Bienstock , Apurv Shukla

Optimization problems in engineering and applied mathematics are typically solved in an iterative fashion, by systematically adjusting the variables of interest until an adequate solution is found. The iterative algorithms that govern these…

Optimization and Control · Mathematics 2022-05-31 Laurent Lessard

An important issue in additive manufacturing is the reliability and reproducibility of parts. One major problem in achieving this are uncontrolled local variations in the obtained material properties which arise in the complex manufacturing…

Optimization and Control · Mathematics 2017-07-18 Jannis Greifenstein , Michael Stingl

Among the major difficulties that one may encounter when estimating parameters in a nonlinear regression model are the nonuniqueness of the estimator, its instability with respect to small perturbations of the observations and the presence…

Statistics Theory · Mathematics 2014-08-29 Andrej Pázman , Luc Pronzato

The future power grid may rely on distributed optimization to determine the set-points for huge numbers of distributed energy resources. There has been significant work on applying distributed algorithms to optimal power flow (OPF)…

Systems and Control · Electrical Eng. & Systems 2023-11-15 Rachel Harris , Mohannad Alkhraijah , Daniel K. Molzahn