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Applied Math Seminar: Insurgent Wars, Pandemics, Global Emissions and Market Crises: One Model Fits All?

November 06 at 4:30 PM to 5:30 PM
Ungar Room 402
Mathematics Lecture

Professor Neil Johnson
Department of Physics
University of Miami

will present

Insurgent Wars, Pandemics, Global Emissions and Market Crises:
One Model Fits All?

Friday, November 6, 2009, 4:30pm
Ungar Room 402

Abstract: For complex real-world problems, it seems that there are (at least) as many models in the literature as there are researchers in the field. In this seminar, I will attempt the opposite approach: One model, stretched in various directions, to encompass four major issues. The model is a coalescence-fragmentation model in which clusters are continually playing the 'El Farol' bar attendance game. In certain limits, analytic solutions are obtainable which seem to capture the stylized statistical facts of each of these problems. Generalizations of the model, and their implications in each real-world scenario, are discussed.