The Role of Convexity in Data-Driven Decision-Making

Explore the intersection of convexity and data-driven decision-making in this hour-long seminar presented by Peyman Mohajerin Esfahani from Delft University of Technology. Delve into a general class of data-driven decision-making problems, examining various terminologies and research questions that arise in this field. Learn about distributionally robust optimization as a decision mechanism for mapping data to decisions. Gain insights into three crucial aspects: computation, statistics, and real-time implementation, with a focus on how convexity can enhance each area. Pay special attention to real-time implementation and its connection to Online Optimization. This GERAD Research Center's ISS Informal Systems Seminar offers a comprehensive look at the role of convexity in shaping modern data-driven decision-making processes.