Wed, 25 Mar 2009
11:00
L3

The Cobordism Hypothesis

Jacob Lurie
(MIT)
Abstract

In this lecture, I will give a more precise statement of the Baez-Dolan cobordism hypothesis, which gives a description of framed bordism (higher) categories by a universal mapping property. I'll also describe some generalizations of the cobordism hypothesis, which take into account the structure of diffeomorphism groups of manifolds and which apply to manifolds which are not necessarily framed.

Tue, 24 Mar 2009
11:00
L3

An Overview of Higher Category Theory

Jacob Lurie
(MIT)
Abstract

In this lecture, I'll give an overview of some ideas from higher category theory which are needed to make sense of the Baez-Dolan cobordism hypothesis. If time permits, I'll present Rezk's theory of complete Segal spaces (a model for the theory of higher categories in which most morphisms are assumed to be invertible) and explain how bordism categories can be realized in this framework.

Tue, 19 May 2009
18:00

"Kill All The Quants"?: Models vs. Mania In The Current Financial Crisis

Andrew W. Lo
(MIT)
Abstract

In the Said Business School

As the shockwaves of the financial crisis of 2008 propagate throughout the global economy, the "blame game" has begun in earnest, with some fingers pointing to the complexity of certain financial securities, and the mathematical models used to manage them. In this talk, I will review the evidence for and against this view, and argue that a broader perspective will show a much different picture.Blaming quantitative analysis for the financial crisis is akin to blaming F = MA for a fallen mountain climber's death. A more productive line of inquiry is to look deeper into the underlying causes of financial crisis, which ultimately leads to the conclusion that bubbles, crashes, and market dislocation are unavoidable consequences of hardwired human behavior coupled with free enterprise and modern capitalism. However, even though crises cannot be legislated away, there are many ways to reduce their disruptive effects, and I will conclude with a set of proposals for regulatory reform.

Mon, 23 Mar 2009
15:45
L2

Extended Topological Field Theories

Jacob Lurie
(MIT)
Abstract

In this lecture, I will review Atiyah's definition of a topological quantum field theory. I'll then sketch the definition of a more elaborate structure, called an "extended topological quantum field theory", and describe a conjecture of Baez and Dolan which gives a classification of these extended theories.

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