Lecture notes on applications of stochastic optimization in financial risk management
Lecture notes on practical examples of using stochastic optimization in financial risk management
This course covers important concepts and techniques in designing and operating safety-critical systems. Topics include the nature of risk, formal accident and human error models, causes of accidents, fundamental concepts of system safety engineering, system and software hazard analysis, designing for safety, fault tolerance, safety issues in the design of human-machine interaction, verification of safety, creating a safety culture, and management of safety-critical projects. Includes a class project involving the high-level system design and analysis of a safety-critical system.
Lecture notes for risk and valuation models for financial risk management , part 1
This activity addresses naturally occurring climate change involving ENSO (El-NiÃo Southern Oscillation). In this activity, students play the role of a policy maker in Peru. First, they determine what sort of ENSO variation is occurring. Then, they must decide how to allocate Peru's resources to manage for possible weather-related problems.
This highly engaging course is comprised of five modules. Each one clearly explains the concept using readings and videos. Students are presented with the current fire and climate data and then run simulations. Students read graphs based on the data they collect in their simulations and then answer comprehension questions and make predictions.