Titlebook: Optimal Stochastic Control, Stochastic Target Problems, and Backward SDE; Nizar Touzi Book 2013 Springer Science+Business Media New York 2

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Nizar Touziloited water in various industrial processes that aim at better optimization of the quality of industrial products. The knowledge of the physico-chemical properties of various liquids is extremely important in the ?eld of life s- ences. Recently, the study of liquids containing nanoparticles has bee

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Nizar Touzis of uncertain events. This model is based on systems analysis and on the identification of an exhaustive and mutually exclusive set of scenarios, their probabilities and their consequences. Both methods rely on an assumption of rationality and the use of Bayesian probability, and both assume separa

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Nizar Touziinty propagation exercise in the practice. We first analyze the meaning of uncertainty propagation from a subjective decision-making point of view. We show that, in order to quantify uncertainty, one has to resort to the distribution of the expected utility (.) originated from parameter uncertainty.

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Agnès Tourinic discounting. Subjects are asked to choose between an earlier or later payoff in series of forty choice questions. Each question consists of a pair of monetary amounts determined by compounding a given base amount at a constant rate per period. Two bases (8 and 20 dollars), three compounding rates