1 – 7 April and 10 – 13 April 2019 | University of Leeds
From 1 to 13 April 2019 we hold an intensive research workshop around the theme of stochastic control under ambiguity (participation on invitation only). Here the concept of `ambiguity’ is understood in a broad sense which encompasses situations where the optimiser is faced with model misspecification, strategic interactions, partial and asymmetric information. Particular attention will be devoted to models concerning power system management: the development of competitive markets and the integrated use of conventional generation and renewables require new decision making criteria for both the regulators and the market players.
Participants will be hosted in the Research Visitor Centre of the School of Mathematics, University of Leeds.
A selected group of participants will lead short sessions in which they provide an overview of methods, tools and challenges related to various aspects/meanings of “ambiguity” in their area of expertise. Each session will be followed by discussion and work in groups, aimed at developing a comprehensive mathematical framework for stochastic control under ambiguity (Research week programme).