The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule ...

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...

The Annals of Applied Probability, Vol. 25, No. 3 (June 2015), pp. 1189-1231 (43 pages) Mean field games are studied by means of the weak formulation of stochastic optimal control. This approach ...

Saksman's research deals with several mathematical problem areas that involve probabilistic questions in various setups. These include probabilistic methods in mathematical physics, analysis and ...