Other Applications of Brownian Motion
Medical Imaging
(image classification and edge recognition problems)
Robot Navigation
(route planning over non regular terrain)
Estimation of Extreme Weather
(flooding and droughts)
Aerosol Transportation
(non equilibrium diffusion problems)
Decision Making
(analytic modeling of decision actions which have a threshold for occurring)
Optimal Switching Problems in Manufacturing
(when to close or open processes which are contingent on random external factors)
Scheduling Problems in Manufacturing
(optimal sequence for processing
in a multiple node network of processors which handle queues)
Modeling of Gaming
(a
backgammon game which includes doubling the stakes with a dice throw
can be modeled by Brownian motion)
Brownian Motion in Metal
(nano scale sized lead particles trapped in an
aluminum matrix at the melting point of lead exhibit Brownian motion.)
Stock Market Modeling
(stock market prices can be approximately modeled by Brownian motion)
References:
- Fractal Geometry, Michael Frame, Benoit Mandelbrot, and Nial Neger, Yale University, December 3, 2004.
- Brownian motion in metal, Paul Preuss, Berkely lab Science Beat, December 17, 2002.
-
Backgammon, doubling the stakes, and Brownian motion, Jochen Blath and Peter Mörters, Plus Magazine,
May 2001.
- Brownian Motion;
The Research Goes On ... Y.K.Lee
and Kelvin Hoon, Department of Computing, Department of Electrical and
Electronic Engineering, Imperial College of Science Technology and
Medicine, 180 Queen's Gate, London SW7 2BZ, UK
1995. And references therein.
Http://Physics.ius.edu