• Randomness is Natural - an Introduction to Regularisation by Noise 

      [SNAP-2024-002-EN] Djurdjevac, Ana; Elad Altman, Henri; Rosati, Tommaso (Mathematisches Forschungsinstitut Oberwolfach, 2024-05-22)
      Differential equations make predictions on the future state of a system given the present. In order to get a sensible prediction, sometimes it is necessary to include randomness in differential equations, taking microscopic ...
    • Uncertainty as an Ingredient in Financial Modeling 

      [SNAP-2024-004-EN] Korn, Ralf (Mathematisches Forschungsinstitut Oberwolfach, 2024-12-17)
      Uncertainty - as opposed to risk - is used to describe events to which we are not able to assign a probability due to lack of information. Instead of assigning a probability to an uncertain event, we only assume that such ...