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 apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...

The long-term peak in forward rates for U.S. Treasury exceeds the near-term peak, indicating a step toward normal yields. The streak of negative 2-year/10-year Treasury spreads has reached 292 trading ...

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 ...