Grant: Canada Research Chairs
HEC Montréal
$100,000.00
Decision making under uncertainty
FY 2023-24
Summary
Taking adequate managerial decisions in today's highly complex and interconnected world has become increasingly difficult. Considering the recent financial crisis and the still unresolved effects of climate changes, it has become apparent that determinant decisions must now seriously account for imperfect knowledge about our future. This research focuses on the development and dissemination of optimization tools that provide support or act autonomously in the context of large-scale problems where uncertainty plays a key role. Such tools will efficiently extract from large datasets the information that is most pertinent to identify decisions that optimally compromise between long-term risks and returns.
Program
Canada Research Chairs
Recipient
Location
Quebec, Canada
Recipient Type
Academia
Type
Grant
Source
NSERC's Awards Data
As published
Application id
CRC-2018-00105
Name nom
Delage, Erick
Department département
Head Office
Organization id
65
Institution établissement
HEC Montréal
Province en
Québec
Province fr
Québec
Country en
CANADA
Country fr
CANADA
Fiscal year exercice financier
2023
Competition year année de concours
2018
Award amount
100000
Program id
CRC
Program name en
Canada Research Chairs
Program name fr
Chaires de recherche du Canada
Group en
DISCOVERY RESEARCH
Group fr
RECHERCHE AXÉE SUR LA DÉCOUVERTE
Committee code
9998
Committee name en
Canada Research Chair Selection Committee
Committee name fr
Comité de sélection des Chaires de recherche du Canada
Area of application code
9999
Area of application group en
Not available
Area of application group fr
Non disponible
Area of application en
Not available
Area of application fr
Non disponible
Research subject code
10000
Research subject group en
The field of research available
Research subject group fr
The field of research available
Research subject en
Le domaine de recherche disponible
Research subject fr
Le domaine de recherche disponible
Field of research list codes
RDF10102;RDF202
Field of research list names en
Applied mathematics;Industrial, systems and processes engineering
Field of research list names fr
Mathématiques appliquées;Génie industriel, des systèmes et des procédés
Application title
Decision making under uncertainty
Keyword
operations research
decision-making under uncertainty
stochastic programming
data-driven optimization
robust optimization
mathematical programming
risk management
decision theory
applied statistics
preference modeling
Application summary
Taking adequate managerial decisions in today's highly complex and interconnected world has become increasingly difficult. Considering the recent financial crisis and the still unresolved effects of climate changes, it has become apparent that determinant decisions must now seriously account for imperfect knowledge about our future. This research focuses on the development and dissemination of optimization tools that provide support or act autonomously in the context of large-scale problems where uncertainty plays a key role. Such tools will efficiently extract from large datasets the information that is most pertinent to identify decisions that optimally compromise between long-term risks and returns.
