How math helps stop oil spills and plane crashes
Friday, December 20, 2013 - 08:00
in Mathematics & Economics
Jason Merrick, Ph.D., says that his daughters tell people that their father stops oil spills, plane crashes and terrorist attacks with math. That's one way to describe Merrick's research, which at its core involves developing complex mathematical models to help people make difficult decisions about risk – those involving significant uncertainty and trade-offs.