Impulse Control Problems: Solution and Modeling

Speaker: Chao Zhu from University of Wisconsin-Milwaukee Date and Time: 03/16/20, 4-5pm Room: SH306 Abstract: This talk starts with an optimal inventory control problem using a long-term average criterion. In absence of ordering, the inventory process is modeled by a one-dimensional diffusion on some interval of  (-∞, ∞) with general drift and diffusion coefficients and boundary points that are […]

Optimal Investments with Anticipative Information

Speaker: Mauricio Enrique Elizalde Mejía from Universidad Autónoma de Madrid Date and Time: 04/06/2020 Room: SH306 Abstract: We consider the case in which a trader has anticipative information about the value of a stock assumed to be driven by a Brownian motion. We show the usage of two different ways to model the problem; the first […]

Prof. Suzanne Weekes receives Deborah and Franklin Tepper Haimo Award

Suzanne L. Weekes, professor in the mathematical sciences department at Worcester Polytechnic Institute (WPI), has received the prestigious Deborah and Franklin Tepper Haimo Award for Distinguished College or University Teaching of Mathematics from the Mathematical Association of America. More information can be found at https://www.wpi.edu/news/wpi-mathematician-receives-prestigious-teaching-award

WPI Researcher Uses Math to Help Army Protect Soldiers from Chemical Attack

A nice article on CIMS Member Randy Paffenroth’s work with the U.S. Army Combat Capabilities Development Command Soldier Center (CCDC-SC) on using mathematics and data science for threat analysis in chemical warfare: https://www.wpi.edu/news/wpi-researcher-uses-math-help-army-protect-soldiers-chemical-attack