Process / pipelineSimulation / optimization

Bayesian Goal Programming

Bayesian Goal Programming (BGP) integrates Bayesian statistical inference with classic goal programming to handle uncertainty in targets and parameters. Instead of treating goal thresholds as fixed constants, BGP encodes them as probability distributions, updates beliefs using observed data, and then solves the resulting probabilistic optimization problem to find solutions that satisfy multiple aspirational goals under uncertainty.

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Sources

  1. Rios Insua, D. (1990). Sensitivity Analysis in Multi-objective Decision Making. Springer-Verlag, Berlin. ISBN: 9783540528814
  2. Charnes, A., Cooper, W. W., & Ferguson, R. O. (1955). Optimal estimation of executive compensation by linear programming. Management Science, 1(2), 138-151. DOI: 10.1287/mnsc.1.2.138

Related methods

ScholarGateBayesian Goal Programming (Bayesian Goal Programming). Retrieved 2026-06-04 from https://scholargate.app/en/simulation/bayesian-goal-programming