Optimal decisions under uncertainty
Although dynamic strategies can substantially improve project value, they are rarely used by industry. There are two reasons for this: the complexity of the algorithms used to make optimal equential decisions under uncertainty, and difficulties in visualising the optimal strategies. Decision-makers in industry need a way to graphically display the results obtained to facilitate understanding and present results to others. An intuitive display of the boundaries between regions of different optimal decisions (switching boundaries) would greatly assist industry with optimal sequential decision-making under uncertainty.
Dynamic Asset Allocation Strategy
Conventional asset allocation strategies commonly used in the asset management industry are normally categorised as: 1). defensive, 2). conservative, 3) […]
An Analytic Platform for Decision-Making under Uncertainty
To develop optimal decision strategies under uncertainty, to deliver application modules in the financial markets, and energy, mining, agriculture sectors.