Peking University Professor Zhang Pingwen honored as SIAM Fellow

On March 31, Society for Industrial and Applied Mathematics (SIAM) announced the 2020 Class of SIAM Fellows. These distinguished members were nominated for their exemplary research as well as outstanding service to the community. Through their contributions, SIAM Fellows help…

This ‘fix’ for economic theory changes everything from gambles to Ponzi schemes

Whether we decide to take out that insurance policy, buy Bitcoin, or switch jobs, many economic decisions boil down to a fundamental gamble about how to maximize our wealth over time. How we understand these decisions is the subject of…

This ‘fix’ for economic theory changes everything from gambles to Ponzi schemes

Whether we decide to take out that insurance policy, buy Bitcoin, or switch jobs, many economic decisions boil down to a fundamental gamble about how to maximize our wealth over time. How we understand these decisions is the subject of…