Robust CARA Optimization
We propose robust optimization models and their tractable approximations that cater for ambiguity-averse decision makers whose underlying risk preferences are consistent with constant absolute risk aversion (CARA). Specifically, we focus […]
Patient Scheduling under Uncertainty: A “Satisficing” Approach
Ever wondered how hospitals manage to handle large number of patients with varied diagnosis and treatments with limited quantity of resources? Besides hiring doctors, nurses, technicians and investing in the […]
