Women in Mathematics

WOMEN IN MATH - FUND FOR UNDERGRADUATE RESEARCH
Current Recipients

2011-2012 Recipients

1. Bingqian Lu, Supervisor: Anna Mazzucato.
   Title: Monte Carlo simulations and option pricing.
   Description: Monte Carlo simulation is a legitimate and widely used technique for dealing with uncertainty in many aspects of business operations. The purpose of this paper is to explore the application of this technique to the stock volality and to test its accuracy by comparing the result computed by Monte Carlo Estimate with the result of Black-Schole model. In addition, we used Mathematica, a mathematical computer software application, we tested the relationship between the sample size and the accuracy of Monte Carlo Simulation and provide numerical and geometrical evidence for our conclusion.
2. Paige Carlton, Supervisor: Andrew Belmonte.
   Title: Saffman-Taylor Fingering.
   Description: Researching Saffman-Taylor Fingering. Injecting liquids of different densities and observing the patterns of fingering. Later will infuse particles into the liquids and observe how the particles affect fingering and the air bubbles formed.