{"id":"https://openalex.org/W4413393111","doi":"https://doi.org/10.23919/acc63710.2025.11108105","title":"On Risk-Sensitive Decision Making Under Uncertainty","display_name":"On Risk-Sensitive Decision Making Under Uncertainty","publication_year":2025,"publication_date":"2025-07-08","ids":{"openalex":"https://openalex.org/W4413393111","doi":"https://doi.org/10.23919/acc63710.2025.11108105"},"language":"en","primary_location":{"id":"doi:10.23919/acc63710.2025.11108105","is_oa":false,"landing_page_url":"https://doi.org/10.23919/acc63710.2025.11108105","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2025 American Control Conference (ACC)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113185520","display_name":"Chung-Han Hsieh","orcid":null},"institutions":[{"id":"https://openalex.org/I25846049","display_name":"National Tsing Hua University","ror":"https://ror.org/00zdnkx70","country_code":"TW","type":"education","lineage":["https://openalex.org/I25846049"]}],"countries":["TW"],"is_corresponding":true,"raw_author_name":"Chung-Han Hsieh","raw_affiliation_strings":["National Tsing Hua University,Department of Quantitative Finance,Hsinchu,Taiwan,300044"],"affiliations":[{"raw_affiliation_string":"National Tsing Hua University,Department of Quantitative Finance,Hsinchu,Taiwan,300044","institution_ids":["https://openalex.org/I25846049"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5019642423","display_name":"Yi-Shan Wong","orcid":"https://orcid.org/0009-0006-6714-2953"},"institutions":[{"id":"https://openalex.org/I25846049","display_name":"National Tsing Hua University","ror":"https://ror.org/00zdnkx70","country_code":"TW","type":"education","lineage":["https://openalex.org/I25846049"]}],"countries":["TW"],"is_corresponding":false,"raw_author_name":"Yi-Shan Wong","raw_affiliation_strings":["National Tsing Hua University,Department of Quantitative Finance,Hsinchu,Taiwan,300044"],"affiliations":[{"raw_affiliation_string":"National Tsing Hua University,Department of Quantitative Finance,Hsinchu,Taiwan,300044","institution_ids":["https://openalex.org/I25846049"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5113185520"],"corresponding_institution_ids":["https://openalex.org/I25846049"],"apc_list":null,"apc_paid":null,"fwci":2.2022,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.900645,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":99},"biblio":{"volume":null,"issue":null,"first_page":"1412","last_page":"1417"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.3953000009059906,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.3953000009059906,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11303","display_name":"Bayesian Modeling and Causal Inference","score":0.3767000138759613,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11801","display_name":"Reservoir Engineering and Simulation Methods","score":0.33340001106262207,"subfield":{"id":"https://openalex.org/subfields/2212","display_name":"Ocean Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5847595930099487},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.4189717769622803},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.13179364800453186}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5847595930099487},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.4189717769622803},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.13179364800453186}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.23919/acc63710.2025.11108105","is_oa":false,"landing_page_url":"https://doi.org/10.23919/acc63710.2025.11108105","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2025 American Control Conference (ACC)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.6000000238418579,"display_name":"Peace, Justice and strong institutions"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320322108","display_name":"Ministry of Science and Technology","ror":"https://ror.org/032e49973"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1584270973","https://openalex.org/W2034489173","https://openalex.org/W2040759104","https://openalex.org/W2058282539","https://openalex.org/W2099111195","https://openalex.org/W2111435163","https://openalex.org/W3002736612","https://openalex.org/W3011865677","https://openalex.org/W3018579958","https://openalex.org/W3121176335","https://openalex.org/W4234249865","https://openalex.org/W4243046612","https://openalex.org/W4252698487","https://openalex.org/W4322109852","https://openalex.org/W4380607230","https://openalex.org/W4388878560"],"related_works":["https://openalex.org/W4391375266","https://openalex.org/W2899084033","https://openalex.org/W2748952813","https://openalex.org/W2390279801","https://openalex.org/W4391913857","https://openalex.org/W2358668433","https://openalex.org/W4396701345","https://openalex.org/W2376932109","https://openalex.org/W2001405890","https://openalex.org/W4396696052"],"abstract_inverted_index":{"This":[0],"paper":[1],"studies":[2],"a":[3,11,17,24,58],"risk-sensitive":[4],"decision-making":[5,12],"problem":[6],"under":[7,71],"uncertainty.":[8],"It":[9],"considers":[10],"process":[13],"that":[14],"unfolds":[15],"over":[16],"fixed":[18],"number":[19],"of":[20,31,50],"stages,":[21],"in":[22],"which":[23,32],"decision-maker":[25],"chooses":[26],"among":[27],"multiple":[28],"alternatives,":[29],"some":[30],"are":[33,83],"deterministic":[34],"and":[35,68,80],"others":[36],"stochastic.":[37],"The":[38],"decision-maker\u2019s":[39],"cumulative":[40],"value":[41],"is":[42],"updated":[43],"at":[44],"each":[45],"stage,":[46],"reflecting":[47],"the":[48,51,64],"outcomes":[49],"chosen":[52],"alternatives.":[53],"After":[54],"formulating":[55],"this":[56],"as":[57],"stochastic":[59],"control":[60],"problem,":[61],"we":[62],"derive":[63],"necessary":[65],"optimality":[66],"conditions":[67],"establish":[69],"sufficiency":[70],"convexity":[72],"assumptions.":[73],"Two":[74],"illustrative":[75],"examples":[76],"from":[77],"optimal":[78],"betting":[79],"inventory":[81],"management":[82],"provided":[84],"to":[85],"support":[86],"our":[87],"theory.":[88]},"counts_by_year":[{"year":2026,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
