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 ...

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 ...

Learn to address the likelihood of structural failure. Perform risk analysis associated with environmental loads to structures under static and dynamic loadings. Master the basics of performance-based ...

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 ...