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Events for May 14, 2008
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Optimal Resource Allocation for Defense of Multiple Targets
Wed, May 14, 2008 @ 10:00 AM - 11:00 AM
Daniel J. Epstein Department of Industrial and Systems Engineering
University Calendar
Daniel J. Epstein Department of Industrial and Systems Engineering Seminar"Optimal Resource Allocation for Defense of Multiple Targets"Dr. Vicki M. BierProfessor, Department of Industrial and Systems Engineering & Department of Engineering Physics, University of WisconsinABSTRACT: Allocating a fixed budget to defense of multiple targets is a challenging task. We apply a rigorous model to the problem of identifying optimal allocations. In particular, we explore how the optimal allocation depends on the cost effectiveness of security investments, the defender's valuations of the targets, and the defender's uncertainty about the attacker's target valuations. Our results show that the cost effectiveness of defensive investment has a huge impact on the optimal allocation.WEDNESDAY, MAY 14, 2008, GERONTOLOGY BUILDING (GER) ROOM 309, 10:00–11:00 AM
Location: Ethel Percy Andrus Gerontology Center (GER) - 309
Audiences: Everyone Is Invited
Contact: Georgia Lum
