Research in Stochastic Processes and their Applications.

The research effort in stochastic processes has been a major part of the research activity organized by the Center for Stochastic Processes in the Statistics Department. This effort, involving permanent faculty, visitors and students, has developed in a very significant way under ARO support. Indeed, building on the work of the Center since its inception, the stochastic process activity has continued to attract wide interest and recognition in the international statistical community. The main ingredients of the program are 1 Significant research interaction among the permanent faculty, the senior internationally recognized visitors, and the junior visitors - promising young researchers 2 The weekly Stochastic Processes Seminar which provides a regular forum for exchange of current research ideas among permanent and visiting staff as well as short term visitors 3 The Center for Stochastic Processes Technical Report series which contains the research produced by permanent and visiting staff, prior to publication in the scientific literature. Over 450 technical reports have been produced by the participants, involving research results in a wide area of stochastic process theory and applications. AN