Title:Continuous-time random matching: A general model
Speaker:Yeneng Sun (National University of Singapore)
Abstract: We develop a general model for independent random matching of a large population in a continuous time dynamical system. We work with a general (and possibly infinite) type space for the agents and construct a continuum of independent continuous-time Markov processes that is derived from random mutation, random matching with enduring partnership, random type changing and random break up. lt follows from the exact law of large numbers that the deterministic evolution of the agents' realized type distribution for such a continuous-time dynamical system can be determined by a system of measure-valued differential equations. The results provide the first mathematical foundation for a large literature on continuous-time search-based models of labor markets, money, and over-the-counter markets for financial products.
Time:08/13(Thuesday)14:00-16:00
Venue:Mingde Building B201-1
About the Speaker: 孙业能是新加坡国立大学理学院的徐氏基金院长与讲席教授,及数学和经济学教授。他之前担任新国大的吴庆瑞经济学讲席教授(2015年至2024年)和莱佛士社会科学讲席教授(2009年至2015年)。孙教授的研究领域包括博弈论,数理经济学和概率论。他将于八月份在北京大学举办的第七届世界博弈论大会上作平行主旨演讲。他是新加坡国家科学院院士,经济理论促进学会会士,并于1998年获得新国大杰出研究奖,于2000年获得新加坡国家科学奖。孙教授于2008年至2012年担任新国大经济系系主任,2018年至2020年担任新国大风险管理研究所所长。他目前是新加坡国立大学理学院院长和文理学院共同院长。他于2023年因对教育的贡献被新加坡共和国总统授予公共行政奖章(银)。
More information about Distinguished Colloquium can be found here.