Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012 1

Systems Analysis and Decision Support

Prof. Raimo P. Hämäläinen

M.Sc. students

PhD students

Ville Mattila

JuhaTörmänen

Jouni Pousi

IlkkaLeppänen

HeikkiPuustinen

Eero Rantala

Dr.

KaiVirtanen

PekkaLaitila

Mikko Harju

Post doc

MikkoViinikainen

RachelJones

Joonas Ollila

Summer trainees

Tuomas Lahtinen

Suvi Sillanpää

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Research topicsSystems 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

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ImpactSystems 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

• 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 studies4

Where tomorrow?Systems analysis and decision support

Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012

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Optimization and Game Theory Models and Algorithms

Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012

Prof. Harri Ehtamo

Dr.

KimmoBerg

MatteoBrunelli

Post docPhD students

SimoHeliövaara

Juha-MattiKuusinen

MirkoRuokokoski

JanneSorsa

Summer trainees

Vesa Husgafvel Markus Laitinen Ilmari Pärnänen Anton von Schantz

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Research topicsOptimization and game theory models and algorithms

• Optimization algorithms for pricing of goods – Focus on monopoly pricing problems

– How to compute optimal bundles underlimited 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

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• Modelling and forecasting of people flow inhigh rise buildings

• Modelling of safe evacuation of people from large burning buildings

ImpactOptimization and game theory models and algorithms

Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012

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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

9Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012

Prof. Ahti SaloDr.

JuusoLiesiö

Decision Models and Foresight Methodologies

Yongjun Li

Visiting ResearcherSummer trainees

PhD students

JussiKangaspunta

AnttiToppila

AnssiKäki

EevaVilkkumaa

PekkaMild

Jerri Nummenpalo Mariko Landström

AnttiPunkka

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Research topicsDecision models and foresight methodologies

Aalto University • Department of Mathematics and Systems Analysis SAL – May 2012

• Portfolio decision analysis for allocating resources to non-traded investment opportunities

– Uncertainties Scenarios & robustness

– Multiple criteria Preference modelling

– Stakeholders Decision processes

– Constraints & dynamics Optimization models

– Several resources Efficiency analysis

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ImpactDecision models and foresight methodologies

• International research awards (INFORMS)

• Major foresight projects– FinnSight 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

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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