While sitting in a courtroom, waiting to find out if he would be chosen for jury duty, Daniel Spielman had a revelation-all the work he and colleague Shanghua Teng had built up over the past three ...

The death of mathematician George Dantzig is a scientific watershed. Dantzig developed "linear programming" and the simplex method, used to solve complex efficiency problems for large organizations.

Pricing Partners, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that Simplex, a new optimization ...