Stein W. Wallace


Stein W. Wallace is a Professor of Operational Research and leader of the Centre for Shipping and Logistics at NHH. He received his Dr. Scient degree in informatics from the University of Bergen in 1984. He has earlier held professorships at for example Lancaster University Management School, The Chinese University of Hong Kong and NTNU, as well as visiting positions at for example IBM Watson Research in NY, Columbia University, ENP Grenoble and The University of Washington.

Wallace has published 100 papers in internationally leading journals such as Operations Research, Management Science, Transportation Science, Transportation Research B and C, Mathematical Programming and INFORMS Journal on Computing. He is best known for his work in stochastic programming (in particular the two books Stochastic Programming (with Peter Kall from 1994) and Modeling with stochastic programming (with Alan King from 2012)), but also for work in logistics and energy systems. He has over 8000 citations.

He is on numerous editorial boards, in particular INFORMS Journal on Computing (since 1990). He founded the Norwegian OR Society and has held elected positions in The British OR Society as well as The Society for Transportation and Logistics in INFORMS and The Mathematical Programming Society.

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Selected publications

Author(s) Title Publisher
Gu, Yewen; Wallace, Stein W.; Wang, Xin Integrated maritime fuel management with stochastic fuel prices and new emission regulations Journal of the Operational Research Society; 2018
Gu, Yewen; Wallace, Stein W.; Wang, Xin The Impact of Bunker Risk Management on CO2 Emissions in Maritime Transportation Under ECA Regulation Sustainable Logistics and Transportation; page 199 - 224; 2018
Brekke, Kjell Arne; Golombek, Rolf; Kaut, Michal; Kittelsen, Sverre A.C.; Wallace, Stein W. Stochastic energy market equilibrium modeling with multiple agents Energy Volume 134; page 984 - 990; 2017
Wang, Xin; Fagerholt, Kjetil; Wallace, Stein W. Planning for charters: A stochastic maritime fleet composition and deployment problem Omega : The International Journal of Management Science Volume 79; page 54 - 66; 2017
Gu, Yewen; Wallace, Stein W. Scrubber: A potentially overestimated compliance method for the Emission Control Areas: The importance of involving a ship’s sailing pattern in the evaluation Transportation Research Part D: Transport and Environment Volume 55; page 51 - 66; 2017
Sun, Congshi; Wallace, Stein W.; Luo, Li Stochastic multi-commodity network design: The quality of deterministic solutions Operations Research Letters Volume 45 (3); page 266 - 268; 2017
Vaagen, Hajnalka; Kaut, Michal; Wallace, Stein W. The impact of design uncertainty in engineer-to-order project planning European Journal of Operational Research Volume 261 (3); page 1098 - 1109; 2017
Crespo Del Granado, Pedro; Pang, Zhan; Wallace, Stein W. Synergy of smart grids and hybrid distributed generation on the value of energy storage Applied Energy Volume 170; page 476 - 488; 2016
Del Granado, Pedro Crespo; Wallace, Stein W.; Pang, Zhan The impact of wind uncertainty on the strategic valuation of distributed electricity storage Computational Management Science Volume 13 (1); page 5 - 27; 2016
Zhao, Yifei; Wallace, Stein W. Appraising redundancy in facility layout International Journal of Production Research Volume 54 (3); page 665 - 679; 2016
Choi, Tsan-Ming; Wallace, Stein W.; Wang, Yulan Risk management and coordination in service supply chains: information, logistics and outsourcing Journal of the Operational Research Society Volume 67 (2); page 159 - 164; 2016
Wang, Yulan; Wallace, Stein William; Shen, Bin; Choi, Tsan-Ming Service supply chain management: A review of operational models European Journal of Operational Research Volume 247 (3); page 685 - 698; 2015
Wang, Xin; Wallace, Stein Stochastic scheduled service network design in the presence of a spot market for excess capacity EURO Journal on Transportation and Logistics Volume 5 (4); page 393 - 413; 2015
Pantuso, Giovanni; Fagerholt, Kjetil; Wallace, Stein Uncertainty in Fleet Renewal: A Case from Maritime Transportation Transportation Science Volume 50 (2); page 390 - 407; 2015
Pantuso, Giovanni; Fagerholt, Kjetil; Wallace, Stein Which uncertainty is important in multistage stochastic programmes? A case from maritime transportation IMA Journal of Management Mathematics Volume 28 (1); page 5 - 17; 2015
Pantuso, Giovanni; Fagerholt, Kjetil; Wallace, Stein Solving Hierarchical Stochastic Programs: Application to the Maritime Fleet Renewal Problem INFORMS journal on computing Volume 27 (1); page 89 - 102; 2015
Hui, Yer Van; Gao, Jia; Leung, Lawrence; Wallace, Stein Airfreight forwarder's shipment planning under uncertainty: A two-stage stochastic programming approach Transportation Research Part E: Logistics and Transportation Review Volume 66; page 83 - 102; 2014
Hanasusanto, Grani A.; Kuhn, Daniel; Wallace, Stein; Zymler, Steve Distributionally robust multi-item newsvendor problems with multimodal demand distributions Mathematical programming Volume 152 (1); page 1 - 32; 2014
Bai, Ruibin; Wallace, Stein; Li, Jingpeng; Chong, Alain Yee-Loong Stochastic service network design with rerouting Transportation Research Part B: Methodological Volume 60; page 50 - 65; 2014
Zhao, Yifei; Wallace, Stein Integrated Facility Layout Design and Flow Assignment Problem Under Uncertainty INFORMS journal on computing Volume 26 (4); page 798 - 808; 2014
More publications in Cristin
  • Management Science
  • Operational Research
  • Mathematical Modeling