Robust CARA Optimization
![](https://iora.nus.edu.sg/wp-content/uploads/2024/04/Screenshot-2024-04-22-at-12.41.29 PM-877x1024.png)
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
![](https://iora.nus.edu.sg/wp-content/uploads/2024/03/og_5d4ef807-4859-49dd-bec0-d399ece3f4f6.png)
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 […]