Stochastic models are essential tools in understanding complex biological systems, particularly in the fields of epidemiology and ecology. These models incorporate randomness and uncertainty ...

Simulation research derives new methods for the design, analysis, and optimization of simulation experiments. Research on stochastic models develops and analyzes models of systems with random behavior ...

Fundamental concepts of probability theory; modeling and analysis of systems having random dynamics, and in particular, queueing systems. Homework, exams and problem-solving sessions. This course is a ...

The stochastic alpha beta rho model is a stochastic volatility model for forward prices commonly used in the modelling of interest rate derivatives. The alpha, beta and rho in the name are parameters ...

We have linked observed individual and collective behaviors to a diversity of constrained cognitive strategies, developing new mathematical and computational tools for solving, fitting, and ...