Search Results - "Salo, Ahti"

Decision programming for mixed-integer multi-stage optimization under uncertainty by Salo, Ahti, Andelmin, Juho, Oliveira, Fabricio

“…•Mixed-integer linear programming formulations for influence diagrams are presented.•Even problems in which the no-forgetting assumption does not hold can be…”
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Robust portfolio decision analysis: An application to the energy research and development portfolio problem by Baker, Erin, Bosetti, Valentina, Salo, Ahti

“…•Belief Dominance identifies non-dominated portfolios under multiple beliefs.•RPDA generates insights into individual strategies from non-dominated…”
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Fifty years of portfolio optimization by Salo, Ahti, Doumpos, Michalis, Liesiö, Juuso, Zopounidis, Constantin

“…The allocation of resources to alternative investment opportunities is one of the most important decisions organizations and individuals face. These decisions…”
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Does renewable energy generation decrease the volatility of electricity prices? An analysis of Denmark and Germany by Rintamäki, Tuomas, Siddiqui, Afzal S., Salo, Ahti

“…Although variable renewable energy (VRE) technologies with zero marginal costs decrease electricity prices, the literature is inconclusive about how the…”
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Ranking Intervals and Dominance Relations for Ratio-Based Efficiency Analysis by Salo, Ahti, Punkka, Antti

“…We develop comparative results for ratio-based efficiency analysis (REA) based on the decision-making units' (DMUs') relative efficiencies over sets of…”
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Preference Programming with incomplete ordinal information by Punkka, Antti, Salo, Ahti

“…•Ordinal preference statements are arguably more reliable than numerical evaluations.•We develop a framework which admits incomplete ordinal preference…”
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Cost-efficiency analysis of weapon system portfolios by Kangaspunta, Jussi, Liesiö, Juuso, Salo, Ahti

“…► We develop a methodology to evaluate cost-efficiency of weapon system portfolios. ► Impacts are estimated with a combat simulator to capture interactions…”
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Optimal strategies for selecting project portfolios using uncertain value estimates by Vilkkumaa, Eeva, Liesiö, Juuso, Salo, Ahti

“…•We use Bayesian methods to model uncertainties in project portfolio selection.•The proposed methods serve to increase the expected value of the selected…”
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How much is enough? Optimal support payments in a renewable-rich power system by Rintamäki, Tuomas, Siddiqui, Afzal S., Salo, Ahti

“…The large-scale deployment of intermittent renewable energy sources may cause substantial power imbalance. Together with the transmission grid congestion…”
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Newsvendor decisions under supply uncertainty by Käki, Anssi, Liesiö, Juuso, Salo, Ahti, Talluri, Srinivas

“…We analyse the impact of supply uncertainty on newsvendor decisions. First, we derive a solution for a newsvendor facing stochastic supply yield, in addition…”
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Scenario-Based Modeling of Interdependent Demand and Supply Uncertainties by Kaki, Anssi, Salo, Ahti, Talluri, Srinivas

“…This paper develops a scenario generation framework for modeling demand and supply uncertainties. This framework is applied to a decision problem at an…”
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Markets for standardized technologies: Patent licensing with principle of proportionality by Hytönen, Henri, Jarimo, Toni, Salo, Ahti, Yli-Juuti, Erkki

“…In this paper, we study the licensing of standard-related patents among companies that employ a two-level licensing model where (i) the aggregated value of…”
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Probabilistic model data of time-dependent accident scenarios for a mixing tank mechanical system by Mancuso, Alessandro, Compare, Michele, Salo, Ahti, Zio, Enrico

“…This article presents the risk assessment of a mixing tank mechanical system based on the failure probabilities of the components. Possible component failures…”
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Preface to the EURO Journal on Decision Processes by Salo, Ahti, Makarow, Marja

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Preference ratios in multiattribute evaluation (PRIME)-elicitation and decision procedures under incomplete information by Salo, A.A., Hamalainen, R.P.

“…This paper presents the preference ratios in multiattribute evaluation (PRIME) method which supports the analysis of incomplete information in multiattribute…”
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Interactive decision aiding for group decision support by Salo, Ahti A.

“…This paper considers the use of decision analysis as a vehicle for supporting choice tasks in cooperative group decision making; specifically, it develops an…”
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On the boundaries of experimental research on scenario planning: A commentary on Derbyshire et al. (2022) by Salo, Ahti

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Multicriteria methods for technology foresight by Salo, Ahti, Gustafsson, Tommi, Ramanathan, Ramakrishnan

“…In recent years, many countries have carried out foresight exercises to better exploit scientific and technological opportunities. Often, these exercises have…”
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Axes of balance in foresight - reflections from FinnSight 2015 by Salo, Ahti, Brummer, Ville, Könnölä, Totti

“…In 2005, the Finnish Government took a decision in principle on the structural development of the public research system. This decision spurred the two main…”
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Developing the needed scientific theory will not be easy: A commentary on Fergnani and Chermack 2021 by Salo, Ahti

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