Michèle Breton received a B.Sc.A., industrial engineering and M. Ing, operations research, from École Polytechnique de Montréal respectively in 1975 and 1977 and a Ph.D. in Computer Science from Université de Montréal in 1986. Since 1977, she has been at HEC Montréal where she is presently a full professor of Management Science. Her current research interests include dynamic programming, stochastic programming and dynamic game theory applied to dynamic problems in management, more specifically in the energy and finance sectors. She is a member of GERAD, CREF and RROM and the scientific director of the Institute of Mathematical Finance in Montréal. Mrs. Breton has written over 70 papers in scientific journals, 30 teaching documents and 15 original case studies on operations research, decision analysis, and the use of decision tools in the energy sector. She teaches risk analysis and operations research at the graduate diploma levels in HEC Montréal’s energy sector management program. She has developed hydro-electricity production optimization methods for Hydro-Québec and Alcan Canada. She has given many professional seminars on risk analysis and operations management for a variety of institutions and organizations including China Guodian Group, Sechuan Electric Power Corporation, China Yangtze Power Co, China Three Gorges Project Corporation, China Petroleum Planning and Engineering Institute (China), Sonatrach (Algeria), Pemex Exploration y Producción (Mexico), SNC-Lavallin (Canada), ETAP (Tunisia), and Office Militaire National pour les Industries Stratégiques (Madagascar).