Efficient execution is a significant task faced by mortgage bankers attempting to profit from the secondary market. The challenge of efficient execution is to sell or securitize a large number of ...

A first introduction to probability and statistics. This course will provide background to understand and produce rigorous statistical analysis including estimation, confidence intervals, hypothesis ...

When disaster looms, who you gonna call? It could increasingly be a mathematician, if IBM scientists succeed in one of their current research efforts. IBM announced last week that its scientists have ...

This is a preview. Log in through your library . Abstract Part I of a two-part series, this paper recites a parable and formulates a stochastic optimization model that determines optimal link tolls on ...

Renewable energy is seen as an answer to climate change, yet its uptake is limited by the variability and intermittent nature of most renewable energy sources. A promising solution to this problem is ...

The direct numerical simulation of Navier-Stokes equations in the turbulent regime is not computationally feasible either in the deterministic or (especially) in the stochastic case. Therefore, ...

Professor Ruszczynski’s interests are in the theory, numerical methods and applications of stochastic optimization. He is author of "Nonlinear Optimization", "Lectures on Stochastic programming", and ...