Introduction to the Scenario Approach
Marco C. Campi · Simone Garatti
Nov 2018 · MOS-SIAM Series on Optimization Ibhuku elingu-8 · SIAM
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This book is about making decisions driven by experience. In this context, a scenario is an observation that comes from the environment, and scenario optimization refers to optimizing decisions over a set of available scenarios. Scenario optimization can be applied across a variety of fields, including machine learning, quantitative finance, control, and identification.
This concise, practical book provides readers with an easy access point to make the scenario approach understandable to nonexperts, and offers an overview of various decision frameworks in which the method can be used. It contains numerous examples and diverse applications from a broad range of domains, including systems theory, control, biomedical engineering, economics, and finance. Practitioners can find "easy-to-use recipes," while theoreticians will benefit from a rigorous treatment of the theoretical foundations of the method, making it an excellent starting point for scientists interested in doing research in this field.
Introduction to the Scenario Approach?will appeal to scientists working in optimization, practitioners working in myriad fields involving decision-making, and anyone interested in data-driven decision-making.
This concise, practical book provides readers with an easy access point to make the scenario approach understandable to nonexperts, and offers an overview of various decision frameworks in which the method can be used. It contains numerous examples and diverse applications from a broad range of domains, including systems theory, control, biomedical engineering, economics, and finance. Practitioners can find "easy-to-use recipes," while theoreticians will benefit from a rigorous treatment of the theoretical foundations of the method, making it an excellent starting point for scientists interested in doing research in this field.
Introduction to the Scenario Approach?will appeal to scientists working in optimization, practitioners working in myriad fields involving decision-making, and anyone interested in data-driven decision-making.
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