In a new Physical Review Letters study, researchers propose an experimental approach that could finally determine whether gravity is fundamentally classical or quantum in nature.

An example of such a stochastic PDE is given by the KPZ equation in supercritical dimensions which is directly linked to a random directed polymers. Our research builds on new developments between the ...

Theories of financial market behaviour. Applications of stochastic processes and actuarial models in finance. Utility theory. Stochastic dominance and portfolio selection. Measures of investment risk.

For this reason, neutral theory is often described as a “dispersal-assembly” theory or a “stochastic” theory, even though neither dispersal nor stochasticity is a feature uniquely or ...

The neutral theory holds that most variation at the molecular level does not affect fitness and, therefore, the evolutionary fate of genetic variation is best explained by stochastic processes.

Course in stochastic optimization with an emphasis on formulating, solving, and approximating optimization models under uncertainty. Topics include: Models and applications: extensions of the linear ...

A second course in stochastic processes and applications to insurance. Markov chains (discrete and continuous time), processes with jumps; Brownian motion and diffusions; Martingales; stochastic ...