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Paris-Princeton Lectures on Mathematical Finance 2004
Paris-Princeton Lectures on Mathematical Finance 2004 Finance 2004

by Rene A. Carmona, Ivar Ekeland, Arturo Kohatsu-Higa, Jean-Michel Lasry, Pierre-Louis Lions, Huyen Pham, Erik Taflin, Springer, (
October 1, 2007), Paperback, 248 pages

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In Rememberance: World Trade Center (WTC)

Defining a Beta Distribution Function for Construction Simulation

by Javier Fente of Arizona State University,
Kraig Knutson of Arizona State University, and
Cliff Schexnayder of Arizona State University

Winter 1999

Abstract: In most applications of simulation to construction, the underlying Probability Distribution Function (PDF) is generally unknown. Consequently, an expert will have to select a PDF hoping that the one that is chosen matches the shape of the underlying distribution. This research attempts to quantify, through a sensitivity analysis, the effect of subjective information in choosing parameters for a Beta distribution to be used in earthmoving simulation models.

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