2021
DOI: 10.1101/2021.05.28.21258003
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Risk-Averse Multi-Stage Stochastic Programming to Optimizing Vaccine Allocation and Treatment Logistics for Effective Epidemic Response

Abstract: Existing compartmental-logistics models in epidemics control are limited in terms of optimizing the allocation of vaccines and treatment resources under a risk-averse objective. In this paper, we present a data-driven, mean-risk, multi-stage, stochastic epidemics-vaccination-logistics model that evaluates various disease growth scenarios under the Conditional Value-at-Risk (CVaR) risk measure to optimize the distribution of treatment centers, resources, and vaccines, while minimizing the total expected number … Show more

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