"Stochastic and deterministic simulation with applications in economics and finance" by Giray Okten (Florida State University)

Event Date: 

Monday, November 28, 2022 - 3:30pm to 4:30pm

Event Location: 

  • North Hall 2111
  • Economics Thormahlen seminar room

 Monte Carlo and quasi-Monte Carlo simulation are popular numerical methods used in a wide variety of disciplines including economics and finance.  In this talk I will give a survey of pseudorandom and low-discrepancy sequences, discuss how they are used in computing, and present some examples from time series forecasting and option pricing.