New Mathematical Proof Helps to Solve Equations with Random Components
Whether it’s physical phenomena, share prices or climate models—many dynamic processes in our world can be described mathematically with the aid of partial differential equations. Thanks to stochastics—an area of mathematics which deals with probabilities—this is even possible when randomness plays a role in these processes. Something researchers have been working on for some decades now are so-called stochastic partial differential equations. Working together with other researchers, Dr. Markus Tempelmayr at the Cluster of Excellence Mathematics Münster at the University of Münster has found a method which helps to solve a certain class of such equations. The results have been published in the journal Inventiones mathematicae . The basis for their work is a theory by Prof. Martin Hairer, recipient of the Fields Medal, developed in 2014 with international colleagues. It is seen as a great breakthrough in the research field of singular stochastic partial differential equ...