3 papers
math.OC2024
Mitigating optimistic bias in entropic risk estimation and optimization
Utsav Sadana, Erick Delage, Angelos Georghiou
The entropic risk measure is widely used in high-stakes decision-making across economics, management science, finance, and safety-critical control systems because it captures tail…
math.OC2024
Subsidizing a New Technology: An Impulse Stackelberg Game Approach
Utsav Sadana, Georges Zaccour
Governments are motivated to subsidize profit-driven firms that manufacture zero-emission vehicles to ensure they become price-competitive. This paper introduces a dynamic Stackelb…
cs.GT2020
The value of randomized strategies in distributionally robust risk averse network interdiction games
Utsav Sadana, Erick Delage
Conditional Value at Risk (CVaR) is widely used to account for the preferences of a risk-averse agent in the extreme loss scenarios. To study the effectiveness of randomization in…