Management Science seminar: Dr Ashwin Arulselvan
Event Date: 12 March 2025
Location: Strathclyde Business School, Cathedral Wing, CW404a
Time: 2-3pm
Title: Algorithms for subsidy allocation problem
Abstract: Traditional funding mechanisms for healthcare projects involve ranking the projects and awarding funds based on their cost to benefit ratio. An alternative funding mechanism based on bilevel programming is discussed, which argues that the donor should not fund the most cost-effective interventions, but rather interventions which are just cost-ineffective for the country, thus encouraging the country to contribute its own domestic resources. Mathematically, there are two participants, a leader (a donor agency) and a follower (recipient country) in this problem. Both the participants have their individual budgets. There is a set of projects, each having a certain cost and utility. The costs of projects are common to both the participants while their perceived utilities differ. We discuss the complexity of the problem and an enumerative algorithm that can be applied as a framework to solve general bilevel problems.
Joint work with Shraddha Ghatkar, Alec Morton
Published: 11 March 2025