Risk-Averse Decision Making with Multi-Level Reliability Guarantees
Many applications in engineering, including wireless broadcasting, require designs that provide performance certificates at different target outage levels. This paper studies the problem of maximizing the weighted average of such certificates in the presence of uncertainty about the true system state. The problem is shown to be equivalent to an optimization over nested prediction sets, connecting to the literature on conformal prediction and extending prior art on single-level risk-averse decision making. Furthermore, we derive a dual formulation that decouples optimization across input values. Numerical experiments on a diversity-based wireless transmission system illustrate the cost of ...
| Authors | Amirmohammad Farzaneh, Osvaldo Simeone |
|---|---|
| Primary category | stat.ML |
| Published | 10 September 2026 |
| Last updated at source | 10 September 2026 |
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