The National Science Foundation Division of Mathematical Sciences awarded Columbia University a $300,000 Project Grant under the Mathematical and Physical Sciences federal grant program (CFDA 47.049). The grant will support research on entropy in optimal transport and finance from July 1, 2021 to June 30, 2024. The Mathematical and Physical Sciences program aims to promote progress in mathematics and the physical sciences to strengthen the nation's scientific enterprise. This award will advance understanding of major problems in these fields through Columbia University's research on the application of entropy concepts to optimal transport theory and their relevance for financial modeling. The grant provides $300k in funding to Columbia University's Sponsored Projects Administration division to deliver research that increases the store of scientific knowledge in mathematics and its uses in transport and economic modeling.
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