ORFE was founded in 1999 at Princeton University with the intention of expanding the institution's distinguished legacy in statistics (Wilks, Tukey), probability (Feller, Hunt), optimization (Kuhn, Tucker), convex analysis (Rockafellar, Gomory), and game theory (Nash, von Neumann, Morgenstern).
While the scales of our research applications and data have grown exponentially since ORFE's founding, our mission has remained steadfast. The faculty are committed to developing and teaching the quantitative theories/models and methods/algorithms needed to face the data challenges of modern society. Our collective specialties include the regulation of financial institutions, energy and the environment (specifically the financialization of commodities, climate change, and emissions control), the transportation systems of the future, and health care.
Due to their unique blend of theory and practice, our courses are among the most popular in Princeton University's School of Engineering and Applied Science. Graduates of our department go on to take leadership positions in academia, industry, and government.
Thank you for visiting our site and taking an interest in ORFE.
René Carmona, Chair