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Cumulant

Research in progress

Humanitarian Portfolio Allocation Under Uncertainty

Spreading limited resources across programs and regions when outcomes are uncertain and benefits diminish.

Status

Research in progress

Version

Working draft

Date

2026-05

Authors

Aryan Patel

Abstract

An investigation into whether portfolio reasoning can help humanitarian organizations allocate limited resources across programs and regions while accounting for uncertainty, concentration risk, and diminishing marginal benefit. The project examines where financial portfolio concepts transfer to humanitarian objectives and where donor restrictions, mission constraints, and uncertain impact change the allocation problem.

Research question

How should limited resources be spread across programs and regions when outcomes are uncertain and benefits diminish?

Methods

  • Allocation across programs and regions
  • Concentration risk
  • Diminishing marginal benefit
  • Donor restrictions and mission constraints
  • Robust allocation under uncertainty

Data

Public humanitarian and nonprofit allocation data; provenance recorded as the work proceeds.

Results

Research in progress. No completed findings are claimed.

Limitations

Humanitarian objectives, donor restrictions, and uncertain impact change the allocation problem in ways that may limit the transfer of financial portfolio methods.

Code availability

Internal. Not yet released.

Data availability

Public sources; release forthcoming.

AI disclosure

AI agents assisted with literature retrieval, code generation, analysis support, critique, and drafting. Deterministic systems produced and verified the estimates. A human researcher approved the question, design, interpretation, and release.

Reproduction status

Internal validation.