Mike Ludkovski

Mike Ludkovski is a Professor in the Department of Statistics and Applied Probability at UC Santa Barbara (UCSB). He serves as Co-Director of the Center for Financial Mathematics and Actuarial Research and Project Leader of the NSF-funded Pacific Alliance for Low-income Inclusion in Statistics & Data Science (Award #2221421). His research focuses on stochastic modeling with applications in quantitative finance, renewable energy systems, actuarial science, and environmental policy.

• Currently leads the Southern California Consortium for Data Science funded through the NSF CA Learning Lab.
• Recipient of NSF grant DMS-2407550 supporting work on stochastic modeling of water rights management.

Research interests include:

• Gaussian process models for financial and demographic applications
• Optimal control in energy markets and battery storage systems
• Scenario-based decision-making under uncertainty
• Quantitative risk management in insurance and pensions

Recent work emphasizes interdisciplinary applications such as:

• Extreme renewable energy scenario analysis
• Stochastic modeling of groundwater markets
• Machine learning for algorithmic trading