Tuesday, May 28, 2019 - 1:00pm to 2:00pm
ISyE Main Room 228
Title: Computation in Markets with Risk
We consider modeling of coupled systems using an equilibrium framework.The systems are coupled by market constraints and can be effectively modeled in the EMP framework.Standard and new mechanisms to model resulting complementarity constraints will be outlined, and the agents problems will be formulated to allow risk preferences. Some computational results related to energy systems and other applications will be given.
Dr. Ferris' research is concerned with algorithmic and interface development for large scale problems in mathematical programming, including links to the GAMS and AMPL modeling languages, and general purpose software such as PATH, NLPEC and EMP. He has worked on many applications of both optimization and complementarity, including cancer treatment planning, energy modeling, economic policy, traffic and environmental engineering, video-on-demand data delivery, structural and mechanical engineering.
Ferris is a SIAM fellow, an INFORMS fellow, received the Beale-Orchard-Hays prize from the Mathematical Programming Society and is a past recipient of a NSF Presidential Young Investigator Award, and a Guggenheim Fellowship. He serves on the editorial boards of Mathematical Programming, and Optimization Methods and Software.