The Matrix Element Method: Past, Present, and Future

The increasing use of multivariate methods, and in particular the Matrix Element Method (MEM), represents a revolution in experimental particle physics. With continued exponential growth in computing capabilities, the use of sophisticated multivariate methods-- already common-- will soon become ubiquitous and ultimately almost compulsory. While the existence of sophisticated algorithms for disentangling signal and background might naively suggest a diminished role for theorists, the use of the MEM, with its inherent connection to the calculation of differential cross sections will benefit from collaboration between theorists and experimentalists. In this white paper, we will briefly describe the MEM and some of its recent uses, note some current issues and potential resolutions, and speculate about exciting future opportunities.