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

2 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

3 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

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 4 Where tomorrow? Systems analysis and decision support Aalto University Department of Mathematics and Systems Analysis SAL – May 2012

5 Optimization and Game Theory Models and Algorithms Aalto University Department of Mathematics and Systems Analysis SAL – May 2012 Prof. Harri Ehtamo Dr. Kimmo Berg Matteo Brunelli Post doc PhD students Simo Heliövaara Juha-Matti Kuusinen Mirko Ruokokoski Janne Sorsa Summer trainees Vesa HusgafvelMarkus LaitinenIlmari PärnänenAnton von Schantz

6 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

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

8 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

9 Prof. Ahti Salo Dr. Juuso Liesiö Decision Models and Foresight Methodologies Yongjun Li Visiting ResearcherSummer trainees PhD students Jussi Kangaspunta Antti Toppila Anssi Käki Eeva Vilkkumaa Pekka Mild Jerri NummenpaloMariko Landström Antti Punkka

10 Research topics Decision 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

11 Impact Decision 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

12 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