What's New in Networks? – Building Bridges between Computational, Mathematical and Statistical Networks Analysis
The workshop "What's new in networks? – Building bridges between computational, mathematical and statistical network Analysis" will provide an overview of the current research in network analysis in the fields of mathematics, informatics, and statistics, with applications in medicine, bioinformatics, and computational biology.
The workshop brings together international researchers from various academic disciplines in order to foster cooperation and cross-fertilisation between these different fields.
Vortragende: Steffen Dereich (Münster), Aristides Gionis (Northwestern), Remco van der Hofstad (Eindhoven), David Hunter (PennState), Trey Ideker (San Diego), Dmitri Krioukov (San Diego), Michael Sedlmair (Wien), Ron Shamir (Tel Aviv), Alfonso Valencia (Madrid).
Das Programm mit Abstracts finden Sie am Ende dieser Seite.
Öffentlicher Abendvortrag am 5. Oktober 2016 um 18.30 Uhr:
Prof. Dr. Stefan Thurner – "Managing Systemic Risk in Financial Multilayer Networks"
Systemic risk in financial markets arises largely because of the interconnectedness of agents through financial contracts. We show that the systemic risk level of every agent in the system can be quantified by simple network measures. With actual central bank data for Austria and Mexico we are able to compute the expected systemic losses of an economy, a number that allows to estimate the cost of a crises. We can further show with real data that is possible to compute the systemic risk contribution of every single financial transaction to the financial system. We suggest an intelligent financial transaction tax that taxes the systemic risk contribution of all transactions. This tax provides an incentive for market participants to trade financial assets in a way that effectively restructures financial networks so that contagion events become impossible. With an agent based model we can demonstrate that this Systemic Risk Tax practically eliminates the network-component of systemic risk in a system.
Stefan Thurner ist Professor für Science of Complex Systems an der Medizinischen Universität Wien.
Ort und Anmeldung
Workshop: Lehrturm der LMU, Professor-Huber-Platz 2, Raum W 101, 80539 München
Abendvortrag: CAS, Seestraße 13, 80802 München