A number of hIgh-Value hand-picked specialty crops are very susceptible to spoilage after they have been picked and while they are waiting to be refrigerated. We built a model around this problem. Preprint and Press Release.
Uncertainty is a crucial factor in financial stability, but it is notoriously difficult to measure. This working paper extends techniques from engineering to quantify fundamental economic uncertainty, and applies the method to an example of portfolio stress testing. By this measure, uncertainty peaked in late 2008. Preprint.