CCF Seminar

Walter Schachermayer
University of Vienna
Title: NASH DISTINGUISHED LECTURE SERIES IN QUANTITATIVE FINANCE - The Duality of Money

Abstract: In this year's Nash lecture, Schachermayer will discuss recent research on the Fundamental Theorem of Asset Pricing and its application to modern, complex financial markets.

Schachermayer, Professor of Mathematics at the University of Vienna, with Freddy Delbaen proved the Fundamental Theorem of Asset Pricing in its general form. Later, with Carnegie Mellon's Dmitry Kramkov, Schachermayer established the definitive methodology for using duality to solve the problem of optimal investment. For this work, Schachermayer became the first mathematician to receive the Wittgenstein Award, Austria's highest scientific honor.

Date: Tuesday, September 7, 2010
Time: 4:30 pm
Location: Hillman Center, 4401 Rashid Auditorium
Submitted by:  Steve Shreve