IIM Indore organised a three-day national workshop on Stochastic Optimization and Games during April 28 – 30, 2015. The workshop observed participation of research scholars and faculty from IIT Bombay, IIT Indore, IBS Hyderabad, DAVV and IPS academy along with the research students and academic associates of the Institute.
Professor S. P. Mukherjee, Former Centenary Professor, University of Calcutta and President of IAPQR; Professor T. Parthasarathy, Faculty, ISI, Chennai and CMI, and Professor K. S. Mallikarjuna Rao, Associate Professor, IIT Bombay were the invited speakers for the workshop.
On the first day, Professor Parthasarathy introduced matrix games and discussed the chronological development of game theory in the introductory session. Professor Mallikarjuna Rao introduced concepts related to stochastic process and Professor Parthasarathy illustrated the development of discounted stochastic games. In the evening, theparticipants discussed their research ideas over the workshop dinner.
The second day of the workshop began with Professor Parthasarathy’s lectures on undiscounted stochastic games followed by a discussion on non-zero-sum games, games with uncountable state space and algorithms. Professor S. P. Mukherjee discussed the motivations for stochastic optimization.
The concluding day of the workshop began with Professor Mallikarjuna’s elaboration on Markov Chains and Monte Carlo Markov Chains. Professor S. P Mukherjee discussed the optimization problems with chance constraints followed by a discussion on random decision variable problems. His lectures ended with a discussion on some potential research problems for new researchers. Professor Rao discussed different applications of Markov chains.
The workshop concluded with a vote of thanks by the organisers.