OPTIMIZATION SEMINAR



Properties of the Expected Recourse Function in Two-Stage Recourse Stochastic Linear Programs




Marcus Emsermann
University of Colorado at Denver
Department of Mathematics

Tuesday, Nov. 4, 1997, 12:00 noon
CU-Denver Bldg., Room 626


ABSTRACT:

After introducing the Two-Stage Linear Program and relevant history we will present and investigate various characteristics of the expected recourse function. Items of interest include continuity, convexity and differentiability. If time permits, we will invite participation in discussing applications of the aforementioned to possible intelligent sampling procedures of gradients and hessians of the expected recourse function for new solution methods.