Eugene Feinberg is an internationally recognized expert in the study of Markov decision processes, which provide a mathematical framework for modeling decision-making in situations where outcomes are partly random and partly under the control of a decision maker. He is also an expert on industrial applications of Operations Research and Statistics.  He is currently working on the development of control algorithms for a new generation of electric power systems called smart grids, and was the principle investigator of the Long Island Smart Energy Corridor.