Systems Analysis and Decision Support Prof Raimo P

Systems Analysis and Decision Support Prof. Raimo P. Hämäläinen Dr. Kai Virtanen Post doc Mikko Viinikainen Ph. D students Ville Mattila Rachel Jones M. Sc. students Pekka Laitila Heikki Puustinen Jouni Pousi Juha Törmänen Ilkka Leppänen Summer trainees Eero Rantala Mikko Harju Tuomas Lahtinen Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 Joonas Ollila Suvi Sillanpää 1

Research topics Systems analysis and decision support • Dynamic systems – Strategy of flight – Maintenance of aircraft • Multicriteria decision modeling and games – Web software • Environment – New tools for facilitation • Systems intelligence Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 2

Impact Systems analysis and decision support • Theory of preference programming – Decision under uncertainty – Group decision • Decisionarium web site – Repository for worldwide use of decision support software • Best-practices for environmental decision analysis • Nuclear risk management model implemented in European Union and India Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 3

Where tomorrow? Systems analysis and decision support • National Doctoral Program in Systems Analysis, Decision Making and Risk Management (Aalto School of Science and School of Economics, Univ. of Jyväskylä, Univ. of Turku, Åbo Akademi) • Systems thinking and systems intelligence • Multicriteria optimization and metamodeling in simulation • Dynamic influence diagrams • Neuroeconomics and behavioural studies Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 4

Optimization and Game Theory Models and Algorithms Prof. Harri Ehtamo Dr. Kimmo Berg Post doc Ph. D students Matteo Brunelli Simo Heliövaara Summer trainees Vesa Husgafvel Markus Laitinen Ilmari Pärnänen Juha-Matti Kuusinen Mirko Ruokokoski Janne Sorsa Anton von Schantz Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 5

Research topics Optimization and game theory models and algorithms • Optimization algorithms for pricing of goods – Focus on monopoly pricing problems – How to compute optimal bundles under limited information? • Stochastic Vehicle Routing Optimization • Game theory models and algorithms to describe large crowd dynamics in simulation environment Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 6

Impact Optimization and game theory models and algorithms • Modelling and forecasting of people flow in high rise buildings • Modelling of safe evacuation of people from large burning buildings Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 7

Where tomorrow? Optimization and game theory models and algorithms • Development of novel MILP algorithms for vehicle routing problems – Special emphasis on elevator group control – Development of new mathematical concepts based on problem symmetry – Collaboration with leading research groups in the field, e. g. , HEC Montreal • Development of learning algorithms based on evolutionary game theory to describe large crowd dynamics – Collaboration with VTT, NIST/USA, Dresden University, to develop a simulation model for fire safety analysis of large buildings Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 8

Decision Models and Foresight Methodologies Dr. Prof. Ahti Salo Juuso Liesiö Ph. D students Jussi Kangaspunta Antti Toppila Anssi Käki Summer trainees Jerri Nummenpalo Eeva Vilkkumaa Antti Punkka Pekka Mild Visiting Researcher Mariko Landström Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 Yongjun Li 9

Research topics Decision models and foresight methodologies • Portfolio decision analysis for allocating resources to non-traded investment opportunities Theory – – – Methodologies Uncertainties Multiple criteria Stakeholders Constraints & dynamics Several resources Decision models Decisions Scenarios & robustness Preference modelling Decision processes Optimization models Efficiency analysis Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 10

Impact Decision models and foresight methodologies • International research awards (INFORMS) • Major foresight projects – Finn. Sight 2015, Strategic Research Agendas • Resource allocation decisions – National funding plans for road maintenance – Standardization investments at Nokia • Efficiency analyses – Identification of cost-effective weapons systems – Funding channels and the productivity of research Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 11

Where tomorrow? Decision models and foresight methodologies • A world-leader in Portfolio Decision Analysis (PDA) – Book to be published by Springer • Design of information acquisition strategies in project portfolio selection – Relevant to various funding agencies – Collaboration with London Business School • Portfolio optimization of risk management plans – Collaboration with the University of Southern California Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 12