Ahti Salo received the Edgeworth-Pareto Award

The award is given biennially to celebrate a researcher or practitioner who has demonstrated a high level of creativity in developing novel areas of application of Multiple Criteria Decision Making and associated methodology.
Ahti Salo. Image; Matthew Allinson.

Ahti Salo received the Edgeworth-Pareto Award in Istanbul at the 25th Conference of the International Society on Multiple Criteria Decision Making (MCDM). Professor Salo works at the Department of Mathematics and Systems Analysis. His research is focused on developing and applying methods for solving decision problems in which many objectives, major uncertainties, limited resources, and logical constraints must be accounted for.

The Edgeworth-Pareto Award is given biennially as the highest distinction of the Society to celebrate “a researcher or practitioner of MCDM who has demonstrated a high level of creativity in developing novel areas of application of MCDM and associated methodology”. Aalto University has a very long and strong tradition in the field of MCDM. Its Emeritus Professors Jyrki Wallenius and Raimo P. Hämäläinen received this Award, Wallenius in 1994 and Hämäläinen in 2004.

Salo has also received other awards for his work. For instance, he and his collaborators Jeffrey Keisler and Alec Morton won the 2013 Publication Award of the INFORMS Decision Analysis Society for their book on portfolio decision analysis.

“Conventional methods of decision analysis help pick one good alternative from many alternatives. Our work on portfolio decision analysis extends these methods to problems in which the number of alternatives can be very high and many of them will be selected. We have successfully worked on many applications in areas such as energy, healthcare and risk management”, explains Salo.

Ahti Salo

Ahti Salo

Department of Mathematics and Systems Analysis
Professor of Systems Analysis
  • Published:
  • Updated:
Share
URL copied!

Related news

Kuva: Matti Ahlgren.
Honoured Published:

Erkki Oja has been awarded the Frank Rosenblatt Award for his achievements in artificial intelligence research

The huge current boom in artificial intelligence research started just as Professor Oja retired after a decades-long career in the field. His impact and contribution to our understanding of AI is now being recognised by the IEEE.
Aalto University, Opening of the Academic Year 3 September 2019, image Mikko Raskinen
Honoured Published:

Eight teams awarded at the opening ceremony

President Ilkka Niemelä has recognised eight teams from the Aalto community for their achievements at the Opening Ceremony of the Academic Year.
Kuvassa näkyvät pääomasijoittaja Björn Saven ja tohtorikoulutettava Lassi Tervonen.
Honoured Published:

Björn Savén Scholarship enables postgraduate studies at a top US university

Lassi Tervonen, a doctoral student in economics, goes to Boston University to study, network and find new research ideas.
Kuva: Selim Virtanen
Honoured Published:

Medals for Aalto students in an international math competition

Selim Virtanen received a silver medal and bronze medals went to Alvar Kallio and Iiro Kumpulainen, whereas Aman Sher Agha obtained an honorary mention.