Photo of Prakash Chakraborty

Prakash Chakraborty

Assistant Professor


  • Industrial and Manufacturing Engineering

206 Leonhard Building





  • B.Stat., Statistics, Indian Statistical Institute, 2013
  • M.Stat., Statistics, Indian Statistical Institute, 2015
  • PhD, Statistics, Purdue University, 2020


Journal Articles

  • Erhan Bayraktar, Alekos Cecchin and Prakash Chakraborty, 2023, "Mean Field Control and Finite Agent Approximation for Regime-Switching Jump Diffusions", Applied Mathematics \& Optimization, 88, (2), pp. 36
  • Prakash Chakraborty, Asaf Cohen and Virginia R Young, 2023, "Optimal dividends under model uncertainty", SIAM Journal on Financial Mathematics, 14, (2), pp. 497--524
  • Prakash Chakraborty and Kiseop Lee, 2022, "Bond Prices Under Information Asymmetry and a Short Rate with Instantaneous Feedback", Methodology and Computing in Applied Probability, 24, (2), pp. 613--634
  • Prakash Chakraborty and Harsha Honnappa, 2022, "Strong embeddings for transitory queueing models", Mathematics of Operations Research, 47, (2), pp. 1048--1081
  • Prakash Chakraborty and Harsha Honnappa, 2021, "A many-server functional strong law for a non-stationary loss model", Operations Research Letters, 49, (3), pp. 338--344
  • Prakash Chakraborty, Xia Chen, Bo Gao and Samy Tindel, 2020, "Quenched asymptotics for a 1-d stochastic heat equation driven by a rough spatial noise", Stochastic Processes and their Applications, 130, (11), pp. 6689--6732
  • Prakash Chakraborty, Bjorn Vermeersch, Ali Shakouri and Samy Tindel, 2020, "Relativistic stable processes in quasiballistic heat conduction in semiconductors", Physical Review E, 101, (4), pp. 042110
  • Prakash Chakraborty and Samy Tindel, 2019, "Rough differential equations with power type nonlinearities", Stochastic Processes and their Applications, 129, (5), pp. 1533--1555
  • Arnob Ghosh, Vaneet Aggarwal and Prakash Chakraborty, 2019, "Tiered spectrum measurement markets for joint licensed and unlicensed secondary access", IEEE Transactions on Network Science and Engineering, 7, (3), pp. 1295--1309
  • Ashish Kapoor, Qian Jiang, Sumantra Chatterjee, Prakash Chakraborty, Maria X Sosa, Courtney Berrios and Aravinda Chakravarti, 2015, "Population variation in total genetic risk of Hirschsprung disease from common RET, SEMA3 and NRG1 susceptibility polymorphisms", Human molecular genetics, 24, (10), pp. 2997--3003

Conference Proceedings

  • Prakash Chakraborty, 2022, "Mean Field Control and Finite Dimensional Approximation for Regime-Switching Jump Diffusions"


  • Prakash Chakraborty, 2020, "Contributions to Rough Paths and Stochastic PDES"

Research Projects

Honors and Awards


Service to Penn State:

Service to External Organizations:




Home of the first established industrial engineering program in the world, the Harold and Inge Marcus Department of Industrial and Manufacturing Engineering (IME) at Penn State has made a name for itself in the engineering industry through its storied tradition of unparalleled excellence and innovation in research, education, and outreach.

We are Innovators. We are Makers. We are Excellence in Engineering. We are Penn State IME.

The Harold and Inge Marcus Department of
Industrial and Manufacturing Engineering

310 Leonhard Building

The Pennsylvania State University

University Park, PA 16802-4400

Phone: 814-865-7601

FAX: 814-863-4745