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Record W4318479566 · doi:10.1287/opre.2022.2429

Technical Note—Risk-Averse Regret Minimization in Multistage Stochastic Programs

2023· article· en· W4318479566 on OpenAlexaff
Mehran Poursoltani, Erick Delage, Angelos Georghiou

Bibliographic record

VenueOperations Research · 2023
Typearticle
Languageen
FieldDecision Sciences
TopicRisk and Portfolio Optimization
Canadian institutionsGroup for Research in Decision AnalysisHEC Montréal
Fundersnot available
KeywordsRegretMinificationMathematical optimizationComputer scienceStochastic programmingMathematicsMachine learning

Abstract

fetched live from OpenAlex

Regret minimization has gained popularity in a wide range of decision-making problems under uncertainty because of its capacity to identify more opportunistic solutions than worst-case value optimization. Unfortunately, the rigidity of current worst-case regret models and scarcity of tractable solution methods have been serious obstacles in multistage applications. In “Risk-Averse Regret Minimization in Multistage Stochastic Programs,” M. Poursoltani, E. Delage, and A. Georghiou consider a multistage stochastic programming setting with a discrete scenario tree. They introduce the notion of the Δ-regret model, which bridges between the ex ante and ex post regret minimization paradigms that are currently used in the regret minimization literature for single-stage problems. The notion of Δ-regret minimization is investigated for the first time both theoretically and numerically in order to better understand its behavior under a set of popular risk measures.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.007
metaresearch head score (Gemma)0.011
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMetaresearch, Insufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.652
Threshold uncertainty score0.998

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0070.011
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.008
Science and technology studies0.0010.000
Scholarly communication0.0010.000
Open science0.0010.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.003

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.247
GPT teacher head0.510
Teacher spread0.263 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations7
Published2023
Admission routes1
Has abstractyes

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