The Applied Probability Society seeks to identify and honor outstanding papers in the field of applied probability that are written by a student. We define applied probability broadly, as any paper related to the modeling, analysis, and control of stochastic systems. The paper’s contribution may lie in the formulation of new mathematical models, in the development of new mathematical or computational methods, in the innovative application of existing methods, or in the opening of new application domains. There will be a first prize, and possibly some additional finalist papers, depending on the number and quality of submissions.
A prize will be awarded once every year to the student(s) making the best contribution to applied probability.
Submissions must satisfy the following six conditions.
- The entrant must have been a student on or after January 1 of the relevant year.
- The research must have been conducted while the entrant was a student.
- One or more advisors may appear as co-authors on the paper, but the student’s contributions must make-up the majority of the paper. Note that the submission to the competition may be different from a journal submission, in order to potentially highlight the results to which the student made the most significant contributions.
- An entrant can be a (co-)author in at most one paper submitted to the competition. More than one entrant per paper is allowed as long as they are eligible (in which case the award would be split).
- The paper must present original research results (a summary of multiple papers is not eligible).
- The paper must not have won a prize (1st or 2nd) in a previous INFORMS competition.