Download or read book Robust Optimization Directed Design written by Andrew J. Kurdila and published by Springer Science & Business Media. This book was released on 2006-06-04 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust design—that is, managing design uncertainties such as model uncertainty or parametric uncertainty—is the often unpleasant issue crucial in much multidisciplinary optimal design work. Recently, there has been enormous practical interest in strategies for applying optimization tools to the development of robust solutions and designs in several areas, including aerodynamics, the integration of sensing (e.g., laser radars, vision-based systems, and millimeter-wave radars) and control, cooperative control with poorly modeled uncertainty, cascading failures in military and civilian applications, multi-mode seekers/sensor fusion, and data association problems and tracking systems. The contributions to this book explore these different strategies. The expression "optimization-directed” in this book’s title is meant to suggest that the focus is not agonizing over whether optimization strategies identify a true global optimum, but rather whether these strategies make significant design improvements.

Download or read book Robust Static Super replication of Barrier Options written by Jan H. Maruhn and published by Walter de Gruyter. This book was released on 2009 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Static hedge portfolios for barrier options are very sensitive with respect to changes of the volatility surface. To prevent potentially significant hedging losses this book develops a static super-replication strategy with market-typical robustness against volatility, skew and liquidity risk as well as model errors. Empirical results and various numerical examples confirm that the static superhedge successfully eliminates the risk of a changing volatility surface. Combined with associated sub-replication strategies this leads to robust price bounds for barrier options which are also relevant in the context of dynamic hedging. The mathematical techniques used to prove appropriate existence, duality and convergence results range from financial mathematics, stochastic and semi-infinite optimization, convex analysis and partial differential equations to semidefinite programming.

Download or read book Optimization in Science and Engineering written by Themistocles M. Rassias and published by Springer. This book was released on 2014-05-29 with total page 611 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimization in Science and Engineering is dedicated in honor of the 60th birthday of Distinguished Professor Panos M. Pardalos. Pardalos’s past and ongoing work has made a significant impact on several theoretical and applied areas in modern optimization. As tribute to the diversity of Dr. Pardalos’s work in Optimization, this book comprises a collection of contributions from experts in various fields of this rich and diverse area of science. Topics highlight recent developments and include: Deterministic global optimization Variational inequalities and equilibrium problems Approximation and complexity in numerical optimization Non-smooth optimization Statistical models and data mining Applications of optimization in medicine, energy systems, and complex network analysis This volume will be of great interest to graduate students, researchers, and practitioners, in the fields of optimization and engineering.

Download or read book Design of Distributed and Robust Optimization Algorithms A Systems Theoretic Approach written by Simon Michalowsky and published by Logos Verlag Berlin GmbH. This book was released on 2020-04-17 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimization algorithms are the backbone of many modern technologies. In this thesis, we address the analysis and design of optimization algorithms from a systems theoretic viewpoint. By properly recasting the algorithm design as a controller synthesis problem, we derive methods that enable a systematic design of tailored optimization algorithms. We consider two specific classes of optimization algorithms: (i) distributed, and (ii) robust optimization algorithms. Concerning (i), we utilize ideas from geometric control in an innovative fashion to derive a novel methodology that enables the design of distributed optimization algorithms under minimal assumptions on the graph topology and the structure of the optimization problem. Concerning (ii), we employ robust control techniques to establish a framework for the analysis of existing algorithms as well as the design of novel robust optimization algorithms with specified guarantees.

Download or read book Optimization and Optimal Control written by Altannar Chinchuluun and published by Springer Science & Business Media. This book was released on 2010-08-05 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimization and optimal control are the main tools in decision making. Because of their numerous applications in various disciplines, research in these areas is accelerating at a rapid pace. “Optimization and Optimal Control: Theory and Applications” brings together the latest developments in these areas of research as well as presents applications of these results to a wide range of real-world problems. This volume can serve as a useful resource for researchers, practitioners, and advanced graduate students of mathematics and engineering working in research areas where results in optimization and optimal control can be applied.

Download or read book Robust Optimization written by Aharon Ben-Tal and published by Princeton University Press. This book was released on 2009-08-10 with total page 565 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust optimization is still a relatively new approach to optimization problems affected by uncertainty, but it has already proved so useful in real applications that it is difficult to tackle such problems today without considering this powerful methodology. Written by the principal developers of robust optimization, and describing the main achievements of a decade of research, this is the first book to provide a comprehensive and up-to-date account of the subject. Robust optimization is designed to meet some major challenges associated with uncertainty-affected optimization problems: to operate under lack of full information on the nature of uncertainty; to model the problem in a form that can be solved efficiently; and to provide guarantees about the performance of the solution. The book starts with a relatively simple treatment of uncertain linear programming, proceeding with a deep analysis of the interconnections between the construction of appropriate uncertainty sets and the classical chance constraints (probabilistic) approach. It then develops the robust optimization theory for uncertain conic quadratic and semidefinite optimization problems and dynamic (multistage) problems. The theory is supported by numerous examples and computational illustrations. An essential book for anyone working on optimization and decision making under uncertainty, Robust Optimization also makes an ideal graduate textbook on the subject.

Download or read book Alternative Investments And Strategies written by Rudiger Kiesel and published by World Scientific. This book was released on 2010-06-18 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines academic research and practical expertise on alternative assets and trading strategies in a unique way. The asset classes that are discussed include: credit risk, cross-asset derivatives, energy, private equity, freight agreements, alternative real assets (ARA), and socially responsible investments (SRI). The coverage on trading and investment strategies are directed at portfolio insurance, especially constant proportion portfolio insurance (CPPI) and constant proportion debt obligation (CPDO) strategies, robust portfolio optimization, and hedging strategies for exotic options.

Download or read book FX Options and Structured Products written by Uwe Wystup and published by John Wiley & Sons. This book was released on 2007-01-11 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been an explosive growth in the number of corporates,investors and financial institutions turning to structured productsto achieve cost savings, risk controls and yield enhancements.However, the exact nature, risks and applications of these productsand solutions can be complex, and problems arise if the fundamentalbuilding blocks and principles are not fully understood. This bookexplains the most popular products and strategies with a focus oneverything beyond vanilla options, dealing with these products in aliterate yet accessible manner, giving practical applications andcase studies. A special emphasis on how the client uses the products, withinterviews and descriptions of real-life deals means that it willbe possible to see how the products are applied in day-to-daysituations – the theory is translated into practice. Note: CD-ROM/DVD and other supplementary materials arenot included as part of eBook file.

Download or read book Nature inspired Methods for Stochastic Robust and Dynamic Optimization written by Javier Del Ser Lorente and published by BoD – Books on Demand. This book was released on 2018-07-18 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nature-inspired algorithms have a great popularity in the current scientific community, being the focused scope of many research contributions in the literature year by year. The rationale behind the acquired momentum by this broad family of methods lies on their outstanding performance evinced in hundreds of research fields and problem instances. This book gravitates on the development of nature-inspired methods and their application to stochastic, dynamic and robust optimization. Topics covered by this book include the design and development of evolutionary algorithms, bio-inspired metaheuristics, or memetic methods, with empirical, innovative findings when used in different subfields of mathematical optimization, such as stochastic, dynamic, multimodal and robust optimization, as well as noisy optimization and dynamic and constraint satisfaction problems.

Download or read book Reliable Engineering Computing written by and published by Research Publishing Service. This book was released on with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Robust Portfolio Optimization and Management written by Frank J. Fabozzi and published by John Wiley & Sons. This book was released on 2007-04-27 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Robust Portfolio Optimization and Management "In the half century since Harry Markowitz introduced his elegant theory for selecting portfolios, investors and scholars have extended and refined its application to a wide range of real-world problems, culminating in the contents of this masterful book. Fabozzi, Kolm, Pachamanova, and Focardi deserve high praise for producing a technically rigorous yet remarkably accessible guide to the latest advances in portfolio construction." --Mark Kritzman, President and CEO, Windham Capital Management, LLC "The topic of robust optimization (RO) has become 'hot' over the past several years, especially in real-world financial applications. This interest has been sparked, in part, by practitioners who implemented classical portfolio models for asset allocation without considering estimation and model robustness a part of their overall allocation methodology, and experienced poor performance. Anyone interested in these developments ought to own a copy of this book. The authors cover the recent developments of the RO area in an intuitive, easy-to-read manner, provide numerous examples, and discuss practical considerations. I highly recommend this book to finance professionals and students alike." --John M. Mulvey, Professor of Operations Research and Financial Engineering, Princeton University

Download or read book Robust Optimization written by Subir Chowdhury and published by John Wiley & Sons. This book was released on 2016-02-08 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust Optimization is a method to improve robustness using low-cost variations of a single, conceptual design. The benefits of Robust Optimization include faster product development cycles; faster launch cycles; fewer manufacturing problems; fewer field problems; lower-cost, higher performing products and processes; and lower warranty costs. All these benefits can be realized if engineering and product development leadership of automotive and manufacturing organizations leverage the power of using Robust Optimization as a competitive weapon. Written by world renowned authors, Robust Optimization: World’s Best Practices for Developing Winning Vehicles, is a ground breaking book whichintroduces the technical management strategy of Robust Optimization. The authors discuss what the strategy entails, 8 steps for Robust Optimization and Robust Assessment, and how to lead it in a technical organization with an implementation strategy. Robust Optimization is defined and it is demonstrated how the techniques can be applied to manufacturing organizations, especially those with automotive industry applications, so that Robust Optimization creates the flexibility that minimizes product development cost, reduces product time-to-market, and increases overall productivity. Key features: Presents best practices from around the globe on Robust Optimization that can be applied in any manufacturing and automotive organization in the world Includes 19 successfully implemented best case studies from automotive original equipment manufacturers and suppliers Provides manufacturing industries with proven techniques to become more competitive in the global market Provides clarity concerning the common misinterpretations on Robust Optimization Robust Optimization: World’s Best Practices for Developing Winning Vehicles is a must-have book for engineers and managers who are working on design, product, manufacturing, mechanical, electrical, process, quality area; all levels of management especially in product development area, research and development personnel and consultants. It also serves as an excellent reference for students and teachers in engineering.

Download or read book Robustness Optimization for IoT Topology written by Tie Qiu and published by Springer Nature. This book was released on 2022-06-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IoT topology defines the way various components communicate with each other within a network. Topologies can vary greatly in terms of security, power consumption, cost, and complexity. Optimizing the IoT topology for different applications and requirements can help to boost the network’s performance and save costs. More importantly, optimizing the topology robustness can ensure security and prevent network failure at the foundation level. In this context, this book examines the optimization schemes for topology robustness in the IoT, helping readers to construct a robustness optimization framework, from self-organizing to intelligent networking. The book provides the relevant theoretical framework and the latest empirical research on robustness optimization of IoT topology. Starting with the self-organization of networks, it gradually moves to genetic evolution. It also discusses the application of neural networks and reinforcement learning to endow the node with self-learning ability to allow intelligent networking. This book is intended for students, practitioners, industry professionals, and researchers who are eager to comprehend the vulnerabilities of IoT topology. It helps them to master the research framework for IoT topology robustness optimization and to build more efficient and reliable IoT topologies in their industry.

Download or read book Active Robust Optimization Optimizing for Robustness of Changeable Products written by Shaul Salomon and published by Springer. This book was released on 2019-07-06 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a novel framework, known as Active Robust Optimization, which provides the tools for evaluating, comparing and optimizing changeable products. Since any product that can change its configuration during normal operation may be considered a “changeable product,” the framework is widely applicable. Further, the methodology enables designers to use adaptability to deal with uncertainties and so avoid over-conservative designs. Offering a comprehensive overview of the framework, including its unique features, such as its ability to optimally respond to uncertain situations, the book also defines a new class of optimization problem and examines the effects of changes in various parameters on their solution. Lastly, it discusses innovative approaches for solving the problem and demonstrates these ‎with two examples from different fields in engineering design: optimization of an optical table and optimization of a gearbox.

Download or read book Mathematical Reviews written by and published by . This book was released on 2007 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Convex Optimization written by Stephen P. Boyd and published by Cambridge University Press. This book was released on 2004-03-08 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: Convex optimization problems arise frequently in many different fields. This book provides a comprehensive introduction to the subject, and shows in detail how such problems can be solved numerically with great efficiency. The book begins with the basic elements of convex sets and functions, and then describes various classes of convex optimization problems. Duality and approximation techniques are then covered, as are statistical estimation techniques. Various geometrical problems are then presented, and there is detailed discussion of unconstrained and constrained minimization problems, and interior-point methods. The focus of the book is on recognizing convex optimization problems and then finding the most appropriate technique for solving them. It contains many worked examples and homework exercises and will appeal to students, researchers and practitioners in fields such as engineering, computer science, mathematics, statistics, finance and economics.

Download or read book Real World Applications of Evolutionary Computing written by Stefano Cagnoni and published by Springer. This book was released on 2003-07-31 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increasingly active eld of Evolutionary Computation (EC) provides val- ble tools, inspired by the theory of natural selection and genetic inheritance, to problem solving, machine learning, and optimization in many real-world app- cations. Despite some early intuitions about EC, that can be dated back to the - vention of computers, and a better formal de nition of EC, made in the 1960s, the quest for real-world applications of EC only began in the late 1980s. The dramatic increase in computer performances in the last decade of the 20th c- tury gave rise to a positive feedback process: EC techniques became more and more applicable, stimulating the growth of interest in their study, and allowing, in turn, new powerful EC paradigms to be devised. In parallel with new theoretical results, the number of elds to which EC is being applied is increasing day by day, along with the complexity of applications and application domains. In particular, industrially relevant elds, such as signal and image processing, computer vision, pattern recognition, industrial control, telecommunication, scheduling and timetabling, and aerospace engineering are employing EC techniques to solve complex real-world problems.