Mathematics 490RH - Mathematics of Risk Management
Fall
2025
01
3.00
Patrick Flaherty
TU TH 1:00PM 2:15PM
UMass Amherst
64896
Lederle Grad Res Tower rm 204
pflaherty@umass.edu
This course covers probabilistic aspects of risk management intended for those familiar with probability theory. Games of chance are used as models of real-world situations of decision-making under uncertainty. Students will gain a deeper understanding of the mathematical foundations of probability theory and stochastic processes. They will apply concepts in game theory and probability theory to real-world problems in risk management.
STATISTC315,CICS110 or MATH235