Date: November 9th -10th, 2015
Place: University of Florida
The emphasis of the workshop will be on applications of risk management tools to large models and large datasets. For instance, we will consider large models involving PDEs with stochastic coefficients. Also, among many other concepts, we will discuss a recently developed notion called the Cardinality of Upper Average (CUA). CUA is a function that counts components of a deterministic vector. CUA is a deterministic special case of Buffered Probability of Exceedance (bPOE). CUA provides tractable numerical solutions to traditionally troublesome engineering problems. For instance, without using discrete optimization algorithms it is possible to optimally design a network with bounded number of overloaded servers.
The slides from presentations can be downloaded here: Presentations