Fourth Rutgers-Stevens Workshop 

Optimization of Stochastic Systems

 

Stevens Institute of Technology, Carnegie Building, Room 315

(see driving directions)

 

 

 

Friday, March 30

 

9:30   --  9:45  Opening Session

9:45   --10:30  Terry Rockafellar (University of Washington)

Risk tuning with generalized linear regression

10:30 – 10:50  Coffee Break

10:50 – 11:35  Andraś Prekopa (Rutgers University)

Conditional mean-conditional variance portfolio selection models

11:35 – 12:20  Darinka Dentcheva (Stevens Institute of Technology)

Optimization under stochastic ordering constraints

12:20 --  2:00   Lunch Break

 2:00 –   2:45  Shabbir Ahmed (Georgia Institute of Technology)

Cutting planes for stochastic integer programming

 2:45 --  3:30  Endre Boros (Rutgers University)

Optimizing container inspection at ports of entry

 3:30 –   4:15  Michael Zabarankin (Stevens Institute of Technology)

Optimal security inspection with a single-server queue

 4:15 --  4:40  Break

 

Graduate Students’ Session

 

4:40 --  5:00  Bogdan Grechuk (Stevens Institute of Technology)

Mean-deviation analysis

5:00 --  5:20  Sungyong Choi (Rutgers University)

The risk-averse newsvendor

5:20 --  5:40  Anton Molyboha (Stevens Institute of Technology)

Quantile-based deviation measures

 

 

Saturday, March 31

 

9:30   --10:15  Ronnie Sircar (Princeton University)

Optimal static-dynamic hedges for exotic options under convex risk measures

10:15 – 10:30  Coffee Break

10:30 – 11:15  Rudiger Schultz (Georg Merkator University of Duisburg, Germany)

Stochastic dominance constraints induced by mixed-integer linear recourse

11:15 – 12:00  Andrzej Ruszczyński (Rutgers University)

Stochastic dynamic optimization with multivariate stochastic dominance constraints

12:00 --  1:30  Lunch Break

1:30     2:15  Ionut Florescu (Stevens Institute of Technology)

Statistical methods in cryptography. An application to the Diffie-Hellman exchange protocol

 

2:15     2:30  Coffee break 

 

Graduate Students’ Session

 

2:30--  3:50  Naomi Miller (Rutgers University)

Risk-adjusted probabilities in portfolio optimization with coherent measures of risk

2:50--  3:10  Antoine Toussaint (Princeton University)

Hedging under L2 convex risk measures

3:10--  3:30  Sergiy Gorovyy (Stevens Institute of Technology)

Markov chain approach to optimal sensor coverage