Title:

Decomposition Methods in Stochastic Programming

Author:

Andrzej Ruszczynski

Session: MO-pm-SPO

Keywords: stochastic programming, decomposition

Abstract:

Stochastic programming problems have very large dimension and special structures which are tractable by decomposition. We review basic ideas of cutting plane methods, augmented Lagrangian and splitting methods, and stochastic decomposition methods for convex polyhedral multi-stage stochastic programming problems.