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Spotlights: Education

Modeling Risk, Dynamics, and Decisions (ESD.862)

See official MIT catalog listing for this course...

() key to symbols Prereq: ESD.86 or permission of instructor
Units: 3-0-9

Covers advanced methods for modeling risk and decision-making under uncertainty. Topics include Monte Carlo methods, Markov chain Monte Carlo, dynamic and stochastic optimization, and advanced topics in simulation. Applications drawn primarily from energy and environmental systems modeling.

M. Webster