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Mathematics

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California Polytechnic State University, San Luis Obispo

Research Scholars in Residence

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2004

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Constructing Random Probability Distributions, Theodore P. Hill, David E.R. Sitton Jan 2004

Constructing Random Probability Distributions, Theodore P. Hill, David E.R. Sitton

Research Scholars in Residence

This article surveys several classes of iterative methods for constructing random probability distributions (or random convex functions, or random homeomorphisms), and includes illustrative applications in statistics, optimal-control theory, and game theory. Computer simulations of these methods are fast and easy to implement