AQFC2015

Systemic risk and edge revolution

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Department of Systems Engineering and Engineering Management
The Chinese University of Hong Kong

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Date: 4:30pm-5:30pm, October 4 (Tuesday), 2016

Title: Systemic risk and edge revolution

Speaker: Prof. Xiaoguang Yang, Chinese Academy of Sciences

Abstract:
In this presentation, we will first talk about the consequences of the systemic risk. Then we give some comments about the current definitions and measurements of systemic risk. In the following, we present a new definition about systemic risk, explain the logical basis of the new definition. We further discuss the characteristics of the key risk factors in systemic risk, give a mathematical formulation to describe the evolution of systemic risk, and give a mathematical measurement for the system risk. We compare the systemic risk with the edge revolution, exhibit their the similarities and differences, and shed some light on how we understand the systemic risk from the historical perspective.

The presentation will be conducted in Putonghua.

Biography:
Prof. Yang Xiaoguang is currently a professor at Academy of Mathematics and Systems Science of Chinese Academy of Sciences (CAS). He serves as deputy director of Institute of Systems Science of CAS and director of Key Laboratory of Management, Decision and Information Systems of CAS. Prof. Yang received his BSc and Ph. D from Tsinghua University, respectively. His research interests include financial risk management, game theory, and combinatorial optimization.

Everyone is welcome to attend the talk!

Venue: Room C2,
Lady Shaw Building,
Central Campus,
The Chinese University of Hong Kong.

The talk will be hosted by:
Prof. Chen Nan,
Department of Systems Engineering and Engineering Management,
The Chinese University of Hong Kong,
E-mail: nchen@se.cuhk.edu.hk
Homepage: http://www1.se.cuhk.edu.hk/~nchenweb/

SEEM-5201 Website: http://seminar.se.cuhk.edu.hk
Email: seem5201@se.cuhk.edu.hk

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Date: 
Tuesday, October 4, 2016 - 08:30 to 09:30