Seminar 217, Risk Management: Nonstandard Analysis and its Application to Markov Processes

Seminar 217, Risk Management: Nonstandard Analysis and its Application to Markov Processes

Risk Seminar
Sep 18, 2018, 11:00 AM - 12:30 PM | 1011 Evans Hall | Happening As Scheduled
Speaker: Haosui Duanmu, UC Berkeley (Speaker - Featured)
Nonstandard analysis, a powerful machinery derived from mathematical logic, has had many applications in probability theory as well as stochastic processes. Nonstandard analysis allows construction of a single object - a hyperfinite probability space - which satisfies all the first order logical properties of a finite probability space, but which can be simultaneously viewed as a...