Advanced methods of operations research - theory and application to energy markets: DIW Master Class

Time I: 
Monday, 09:00am
Venue I: 
DIW Berlin
Description: 

One-week short course (DIW Berlin Master Class) on "Advanced methods of operations research - theory and application to energy markets".

The course takes place July 3 - 7 at DIW Berlin. Instructors are Jeremy Eckhause (RAND) and Sauleh Siddiqui (Johns Hopkins). Upon approval by the student's institution, 6 ECTS can be earned when taking a written exam (Monday, 10 July) and handing in a seminar paper. Other arrangements and only taking parts of the course are possible.

As the official announcement from DIW may be published at some time in the future, I would be happy if you could share the information among BDPEMS students. As I do not know the BDPEMS credits policy, I cannot judge whether students could be eligible for credits - I can change the details in the flyer accordingly.

The course targets Berlin-based PhD students, post-doctoral researchers (and graduate students) interested in applied OR and IO, energy market analysis, and numerical methods for management science. Thus, irrespective of credtis, participation is not limited to DIW students.
This course provides participants with selected state-of-the-art methods in OR for both academic and applied work. It covers integer programming, real options, complementarity problems, and multi-stage games. The instructors have long-standing experience in both applied as well as theoretical research and teaching at various institutions.

The course comprises both theory lectures and hands-on programming sessions in GAMS. Applications mainly focus on energy markets; methods are, however, go beyond the field and can be applied to various investment and planning problems (under uncertainty), or computational game theory. Some previous knowledge in numerical optimization techniques and the software GAMS is desirable but no prerequisite. If there is demand, an introduction to GAMS will be given.

Credits: 
6.00
Program: 
Semester: 
Spring 2017
Affiliation: 
Deutsches Institut für Wirtschaftsforschung
End date of the whole course: 
Friday, July 7, 2017 - 1:00pm