Seminar series
Date
Mon, 29 Apr 2013
16:30
16:30
Location
L2
Speaker
George Papanicolaou
Organisation
Stanford University
The quantification and management of risk in financial markets
is at the center of modern financial mathematics. But until recently, risk
assessment models did not consider the effects of inter-connectedness of
financial agents and the way risk diversification impacts the stability of
markets. I will give an introduction to these problems and discuss the
implications of some mathematical models for dealing with them.