Richard Stockbridge
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Richard Stockbridge
Richard H. Stockbridge is a Distinguished Professor of Mathematics at the University of Wisconsin-Milwaukee. His contributions to research primarily involve stochastic control theory, optimal stopping and mathematical finance. Most notably, alongside Professors Thomas G. Kurtz, Kurt Helmes, and Chao Zhu, he developed the methodology of using linear programming to solve stochastic control problems. Education Stockbridge obtained his Ph.D. from the University of Wisconsin-Madison under the supervision of Thomas G. Kurtz with a dissertation entitled "Time-Average Control of Martingale Problems". He also holds a master's degree in mathematics from the University of Wisconsin-Madison and attended St. Lawrence University in Canton, New York, for his baccalaureate studies. Academic career Following the awarding of his Ph.D., Stockbridge served as an assistant professor in the Department of Mathematics and Statistics at Case Western Reserve University from 1987 to 1988.  He th ...
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University Of Wisconsin–Madison
A university () is an educational institution, institution of higher education, higher (or Tertiary education, tertiary) education and research which awards academic degrees in several Discipline (academia), academic disciplines. Universities typically offer both undergraduate education, undergraduate and postgraduate education, postgraduate programs. In the United States, the designation is reserved for colleges that have a graduate school. The word ''university'' is derived from the Latin ''universitas magistrorum et scholarium'', which roughly means "community of teachers and scholars". The first universities were created in Europe by Catholic Church monks. The University of Bologna (''Università di Bologna''), founded in 1088, is the first university in the sense of: *Being a high degree-awarding institute. *Having independence from the ecclesiastic schools, although conducted by both clergy and non-clergy. *Using the word ''universitas'' (which was coined at its foundation ...
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Bachelor's Degree
A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six years (depending on institution and academic discipline). The two most common bachelor's degrees are the Bachelor of Arts (BA) and the Bachelor of Science (BS or BSc). In some institutions and educational systems, certain bachelor's degrees can only be taken as graduate or postgraduate educations after a first degree has been completed, although more commonly the successful completion of a bachelor's degree is a prerequisite for further courses such as a master's or a doctorate. In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately). However, some qualifications titled bachelor's ...
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American Mathematicians
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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Dynamic Programming
Dynamic programming is both a mathematical optimization method and a computer programming method. The method was developed by Richard Bellman in the 1950s and has found applications in numerous fields, from aerospace engineering to economics. In both contexts it refers to simplifying a complicated problem by breaking it down into simpler sub-problems in a recursive manner. While some decision problems cannot be taken apart this way, decisions that span several points in time do often break apart recursively. Likewise, in computer science, if a problem can be solved optimally by breaking it into sub-problems and then recursively finding the optimal solutions to the sub-problems, then it is said to have ''optimal substructure''. If sub-problems can be nested recursively inside larger problems, so that dynamic programming methods are applicable, then there is a relation between the value of the larger problem and the values of the sub-problems.Cormen, T. H.; Leiserson, C. E.; Rives ...
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Stochastic Control
Stochastic control or stochastic optimal control is a sub field of control theory that deals with the existence of uncertainty either in observations or in the noise that drives the evolution of the system. The system designer assumes, in a Bayesian probability-driven fashion, that random noise with known probability distribution affects the evolution and observation of the state variables. Stochastic control aims to design the time path of the controlled variables that performs the desired control task with minimum cost, somehow defined, despite the presence of this noise. The context may be either discrete time or continuous time. Certainty equivalence An extremely well-studied formulation in stochastic control is that of linear quadratic Gaussian control. Here the model is linear, the objective function is the expected value of a quadratic form, and the disturbances are purely additive. A basic result for discrete-time centralized systems with only additive uncertainty is ...
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Lexington, Kentucky
Lexington is a city in Kentucky, United States that is the county seat of Fayette County, Kentucky, Fayette County. By population, it is the List of cities in Kentucky, second-largest city in Kentucky and List of United States cities by population, 57th-largest city in the United States. By land area, it is the country's List of United States cities by area, 28th-largest city. The city is also known as "Horse Capital of the World". It is within the state's Bluegrass region. Notable locations in the city include the Kentucky Horse Park, The Red Mile and Keeneland race courses, Rupp Arena, Central Bank Center, Transylvania University, the University of Kentucky, and Bluegrass Community and Technical College. As of the 2020 United States census, 2020 census the population was 322,570, anchoring a Lexington-Fayette, KY Metropolitan Statistical Area, metropolitan area of 516,811 people and a Lexington-Fayette-Frankfort-Richmond, KY Combined Statistical Area, combined statistical ar ...
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Bath, Somerset
Bath () is a city in the Bath and North East Somerset unitary area in the county of Somerset, England, known for and named after its Roman-built baths. At the 2021 Census, the population was 101,557. Bath is in the valley of the River Avon, west of London and southeast of Bristol. The city became a World Heritage Site in 1987, and was later added to the transnational World Heritage Site known as the "Great Spa Towns of Europe" in 2021. Bath is also the largest city and settlement in Somerset. The city became a spa with the Latin name ' ("the waters of Sulis") 60 AD when the Romans built baths and a temple in the valley of the River Avon, although hot springs were known even before then. Bath Abbey was founded in the 7th century and became a religious centre; the building was rebuilt in the 12th and 16th centuries. In the 17th century, claims were made for the curative properties of water from the springs, and Bath became popular as a spa town in the Georgian era. ...
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University Of Bath
(Virgil, Georgics II) , mottoeng = Learn the culture proper to each after its kind , established = 1886 (Merchant Venturers Technical College) 1960 (Bristol College of Science and Technology) 1966 (Bath University of Technology) 1971 (university status) , type = Public , endowment = £8.1 million (2021) , budget = £289.5 million (2020–21) , chancellor = The Earl of Wessex , vice_chancellor = Ian H. White , academic_staff = 2,180 (2020) - including academic atypical staff , students = () , undergrad = () , postgrad = () , doctoral = , city = Bath, Somerset , country = England , coor = , campus = Suburban , free_label = , free = , website www.bath.ac.uk, logo = University of Bath logo.svg , affiliations = Association of Commonwealth Universities, ACUAssociation of MBAs, AMBAEuropean Quality Improvement System, EQUISEuropean University Association, EUAUniversities UK Wallace Group (universities), Wallace GroupGW4Sutton_Trust_30, Sutton 30SETs ...
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University Of Botswana
The University of Botswana, popularly known as UB, was established in 1982 as the first institution of higher education in Botswana. The university has three campuses: one in the capital city Gaborone, one in Francistown, and another in Maun. The university is divided into six faculties: Business, Education, Engineering, Humanities, Science and Social Sciences and the Sir Ketumile Masire Teaching Hospital. History UB began as a part of a larger university system known as UBBS, or the University of Bechuanaland (Botswana), Basotoland (Lesotho), and Swaziland; which was founded in 1964 to reduce the three countries' reliance on tertiary education in apartheid-era South Africa. After Botswana and Lesotho became independent in 1966, the university was called the University of Botswana, Lesotho, and Swaziland (UBLS). In 1975 Lesotho withdrew from the partnership and established its own national university. For several years a joint University of Botswana and Swaziland existed un ...
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Edinburgh, Scotland
Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of the Firth of Forth. Edinburgh is Scotland's List of towns and cities in Scotland by population, second-most populous city, after Glasgow, and the List of cities in the United Kingdom, seventh-most populous city in the United Kingdom. Recognised as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament and the Courts of Scotland, highest courts in Scotland. The city's Holyrood Palace, Palace of Holyroodhouse is the official residence of the Monarchy of the United Kingdom, British monarchy in Scotland. The city has long been a centre of education, particularly in the fields of medicine, Scots law, Scottish law, literature, philosophy, the sc ...
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Heriot-Watt University
Heriot-Watt University ( gd, Oilthigh Heriot-Watt) is a public research university based in Edinburgh, Scotland. It was established in 1821 as the School of Arts of Edinburgh, the world's first mechanics' institute, and subsequently granted university status by royal charter in 1966. It is the eighth-oldest higher education institute in the UK. The name Heriot-Watt was taken from Scottish inventor James Watt and Scottish philanthropist and goldsmith George Heriot. Known for its focus on science and engineering, it is one of the 23 colleges being granted university status in the 1960s and sometimes considered a plate glass university in the likes of Keele and Newcastle. History School of Arts of Edinburgh Heriot-Watt was established as the School of Arts of Edinburgh (not to be confused with Edinburgh College of Art) by Scottish businessman Leonard Horner on 16 October 1821. Having been inspired by Anderson's College in Glasgow, Horner established the school to provide pract ...
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