Floyd B. Hanson, a distinguished Professor Emeritus at the University of Illinois at Chicago, has made significant contributions to the fields of computational finance, stochastic processes, and mathematical bio-medicine over his extensive academic career. With a tenure that spans over four decades, Professor Hanson has...
Floyd B. Hanson, a distinguished Professor Emeritus at the University of Illinois at Chicago, has made significant contributions to the fields of computational finance, stochastic processes, and mathematical bio-medicine over his extensive academic career. With a tenure that spans over four decades, Professor Hanson has been instrumental in advancing research methodologies in jump processes and stochastic volatility specification. His current focus on developing robust methods for jump parameter estimation and calibration reflects his commitment to addressing complex challenges in financial modeling and risk assessment.
Throughout his career, Professor Hanson has engaged in numerous key projects that bridge theoretical mathematics and practical applications. His work in renewable resource modeling and population biology exemplifies his interdisciplinary approach, integrating mathematical physics and kinetic theory to solve real-world problems. As the Associate Director for both the Laboratory of Advanced Computing and the Laboratory for Control and Information, he has fostered an environment of innovation, emphasizing the importance of super and parallel computing in tackling singular problems.
In addition to his research, Professor Hanson is dedicated to educational innovations, particularly in calculus and its applications through computer methods. His expertise in stochastic calculus, statistics, and programming languages such as C and Fortran has enriched the learning experiences of countless students. By leveraging tools like Mathematica and Unix, he has not only enhanced computational techniques but also inspired a new generation of mathematicians and scientists to explore the vast possibilities within their fields. As he continues to mentor and guide students and colleagues, Floyd B. Hanson remains a pivotal figure in the mathematical community, driving forward the boundaries of knowledge and application in computational finance and beyond.