Saksman's research deals with several mathematical problem areas that involve probabilistic questions in various setups. These include probabilistic methods in mathematical physics, analysis and ...

Continuous probabilistic techniques involving simulation can help managers predict the likelihood of time and cost overruns in all types and sizes of oil and gas projects. By deriving time and cost ...

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 ...

One possible explanation for the variability in estimates across the different nonprobability samples is the range of methods that online sample vendors employ. They differ on recruitment, weighting ...

Probabilistic Safety Assessments (PSA), which was introduced in the 1970s as complement to deterministic safety analysis methods, is a well-established tool that supports design and safety assessment ...

Imagine a world where your computer doesn’t just work harder but smarter, tapping into the very chaos that surrounds us. It’s not science fiction—it’s the dawn of probabilistic and thermodynamic ...