Operations Research | December 2019
We find strong evidence of dependence in power plant outages system-wide, and based on the input fuel of the plants. We illustrate the consequences of outage dependence on the reliability of electricity supply for both regions and evaluate policy implications; e.g. the impact of building additional capacity. Major revision at Operations Research.
Vishwakant Malladi is an Assistant Professor of Operations Management at the Indian School of Business (ISB). He obtained his PhD in Risk and Operations Management from the McCombs School of Business, University of Texas at Austin. His research primarily focuses on risk in an operations management context and can be broadly divided into two areas. First, he works on parsimonious modelling of risk in high-dimensional systems using Lévy processes. Second, he studies the impact of risk and risk dependence in operations management problems such as inventory theory, reliability, and the facility location problem. Prior to his doctoral studies, Professor Malladi has worked as a Statistical Analyst for
Fractal Analytics and as an Equity Research Analyst for Centrum Capital. He holds a B. Tech in Mechanical Engineering from Indian Institute of Technology (IIT) Bombay and an MBA from Indian Institute of Management (IIM) Ahmedabad.
