Seminar series
Date
Thu, 07 Nov 2024
Time
14:00 -
15:00
Location
Lecture Room 3
Speaker
Mike Giles
Organisation
Oxford University
In this seminar I will begin by giving an overview of some problems in stochastic simulation and uncertainty quantification. I will then outline the Multilevel Monte Carlo for situations in which accurate simulations are very costly, but it is possible to perform much cheaper, less accurate simulations. Inspired by the multigrid method, it is possible to use a combination of these to achieve the desired overall accuracy at a much lower cost.