This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Reducing the Vulnerability of a Network Through Investment: Decision Dependent Link Failures

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Viswanath, Kannan
Peeta, Srinivas
Salman, F. Sibel
Abstract

We consider a problem that arises in disaster-related strategic planning: investing in the links of a stochastic network to improve its expected post-disaster performance. We are given a network whose links are subject to random failures, where the failure probability of a link is reduced by investing in the link. The operational links define a network realization, in which a specified pair of origin-destination (O-D) nodes need to be connected with a shortest path. There is a fixed penalty cost for any network realization that does not have connectivity between the O-D nodes. Our objective is to allocate a given budget to the links of the network such that the expected shortest path between the O-D nodes is minimized. We formulate the problem as a two-stage stochastic integer program with recourse, and propose a solution procedure by optimizing the expected shortest path over the connected network realizations, subject to a bound on the probability of disconnected realizations. In the proposed iterative procedure, given a feasible investment decision, we characterize the benefit from investing in a particular link by measuring the improvement in the expected shortest path.

Download Info
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Publisher Info
Paper provided by Purdue University, Department of Economics in its series Purdue University Economics Working Papers with number 1158.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length: 17 pages
Date of creation: 2002
Date of revision:
Handle: RePEc:pur:prukra:1158

Contact details of provider:
Postal: Krannert Building, West Lafayette, IN 47907
Web page: http://www.krannert.purdue.edu/programs/phd
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Paul S. Chun).

Related research
Keywords: Decision-dependent link failure stochastic integer programming

Statistics
Access and download statistics

Did you know? No RePEc service, like IDEAS, charges for the use or the display of bibliographic data.

This page was last updated on 2008-11-5.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.