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Theory and applications of robust optimization

Publication ,  Journal Article
Bertsimas, D; Brown, DB; Caramanis, C
Published in: SIAM Review
December 1, 2011

In this paper we survey the primary research, both theoretical and applied, in the area of robust optimization (RO). Our focus is on the computational attractiveness of RO approaches, as well as the modeling power and broad applicability of the methodology. In addition to surveying prominent theoretical results of RO, we also present some recent results linking RO to adaptable models for multistage decision-making problems. Finally, we highlight applications of RO across a wide spectrum of domains, including finance, statistics, learning, and various areas of engineering. © 2011 Society for Industrial and Applied Mathematics.

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Published In

SIAM Review

DOI

ISSN

0036-1445

Publication Date

December 1, 2011

Volume

53

Issue

3

Start / End Page

464 / 501

Related Subject Headings

  • Numerical & Computational Mathematics
  • 4901 Applied mathematics
  • 0906 Electrical and Electronic Engineering
  • 0102 Applied Mathematics
 

Citation

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Bertsimas, D., Brown, D. B., & Caramanis, C. (2011). Theory and applications of robust optimization. SIAM Review, 53(3), 464–501. https://doi.org/10.1137/080734510
Bertsimas, D., D. B. Brown, and C. Caramanis. “Theory and applications of robust optimization.” SIAM Review 53, no. 3 (December 1, 2011): 464–501. https://doi.org/10.1137/080734510.
Bertsimas D, Brown DB, Caramanis C. Theory and applications of robust optimization. SIAM Review. 2011 Dec 1;53(3):464–501.
Bertsimas, D., et al. “Theory and applications of robust optimization.” SIAM Review, vol. 53, no. 3, Dec. 2011, pp. 464–501. Scopus, doi:10.1137/080734510.
Bertsimas D, Brown DB, Caramanis C. Theory and applications of robust optimization. SIAM Review. 2011 Dec 1;53(3):464–501.

Published In

SIAM Review

DOI

ISSN

0036-1445

Publication Date

December 1, 2011

Volume

53

Issue

3

Start / End Page

464 / 501

Related Subject Headings

  • Numerical & Computational Mathematics
  • 4901 Applied mathematics
  • 0906 Electrical and Electronic Engineering
  • 0102 Applied Mathematics