Risk and uncertainty are rarely evaluated as an integral part of the planning process. An array of risks—from hydrocarbon potential and operating characteristics, to political or market factors—can ...

Many traders think that predicting a stock’s direction is the best way to win with options. However, the most successful ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Ellen Lindner Actuarial science uses mathematical and statistical techniques ...

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 ...