Stochastic modeling, control and applications
Lukasz Stettner (IMPAN, Warsaw) and Andrzej Palczewski (University
The symposium concerns modeling of stochastic phenomena with potential applications
in particular in nance and insurance. Several talks shall describe a further step which
is control and optimization. There is a real necessity to consider randomness in modeling and control which comes from the fact that we do not observe all parameters of
the model or to simplify model it we ignore some parameters, the observation is corrupted by a noise or simply the nature of the object we are modeling is stochastic. The
symposium shall concern various aspects of stochastic modeling and control.