CIS – “Get to know your neighbors” Seminar Series
“The Economy as a Complex (Intelligent?) System: Using Mathematics and Data Science to Understand (and Improve) the World we Live in”
Prof. Semyon Malamud, Swiss Finance Institute Associate Professor at EPFL Research Fellow Center for Economic Policy Research
Monday, Nov. 1, 2021 3:15 – 4:15pm (CET)
The economy is a complex interacting system of four types of (potentially intelligent) agents: households/individuals, firms, governments, and central banks. In this talk, I will discuss theoretical and empirical aspects of modeling the behavior of these agents, their interactions, and economic equilibrium. I will show how methods from mathematics, information theory, statistical physics, and computer science can be used to shed light on some of the key aspects of the functioning of our society. I will also present some exciting challenges and open questions.
Semyon Malamud is an Associate Professor of Finance at the Swiss Finance Institute at EPFL (CDM). He received his Ph.D. in Mathematics from ETH Zurich in 2006 and has been an Assistant Professor at the ETH Zurich Mathematics Department prior to moving to EPFL in 2010. His research focuses on mathematical models of (different parts of) the economy.
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