Workshop on Economic and Financial Networks
POSTPONED until further notice
Co-organized by the CFM Chair of Econophysics and Complex Systems and the Economics Department of École polytechnique.
To be held at the Institut des Systèmes Complexes, 113 Rue Nationale, 75013 Paris
Albert-László Barabási is a network scientist, fascinated with a wide range of topics, from unveiling the structure of the brain to treating diseases using network medicine, from the emergence of success in art to how does science really works. His work has helped unveil the hidden order behind various complex systems using the quantitative tools of network science, a research field that he pioneered, and lead to the discovery of scale-free networks, helping explain the emergence of many natural, technological and social networks.
Giulio Biroli is professor of theoretical physics at ENS Paris. He is PI of the Simons collaboration « Cracking the glass problem » and holds a PRAIRIE chair on interdisciplinary applications of Machine Learning. He is the director of the Beg Rohu summer school of statistical physics and condensed matter. For his work on glass and jamming transition he received in 2007 the Young Scientist Award (the junior Boltzmann medal) of the International Union of Pure and Applied Physics and in 2018 the Prix d’Aumale.
Biroli has published over 120 peer-reviewed articles. His research focuses on statistical physics, theoretical condensed matter, theoretical physics and inter-disciplinary applications of physics to machine learning and biology.
Yann Bramoullé graduated from École Polytechnique in France in 1995 and obtained his PhD from the University of Maryland, College Park in 2002. He was an economics professor at Laval University in Québec until 2012 and is now a CNRS Senior Research Fellow at Aix-Marseille University. He was nominated for the prize of the best French young economist in 2013. He currently works on the interaction between markets and networks, a project for which he obtained an ERC Consolidator Grant in 2014, on strategic interaction and networks, on altruism in networks, and on the econometrics of social networks and peer effects. He coedited the Oxford Handbook on the Economics of Networks, which was published in 2016. His work has been published in leading journals including Econometrica, the American Economic Review, the Journal of Economic Theory and the Journal of Econometrics.
Guido Caldarelli (www.guidocaldarelli.com) is Full Professor in Theoretical Physics at IMT, and is Research associate at ECLT Venice. His main scientific activity is the study of networks, mostly analysis and modelling of financial networks.
Author of more than 200 publication on the subject and three books he is currently the president of the Complex Systems Society.
Vasco M. Carvalho
Vasco M. Carvalho is Professor of Macroeconomics in the Faculty of Economics at the University of Cambridge and the Director of the Cambridge-INET Institute. He is a Fellow of Jesus College and the Alan Turing Institute. Having gained his PhD at the University of Chicago, he was a Junior Researcher at CREI in Barcelona and Affiliated Assistant Professor at University Pompeu Fabra before joining the University of Cambridge in 2013. His research in macroeconomics focuses on production networks and supply chain interdependence across firms and sectors. He was awarded the 2014 Wiley Prize in Economics by the British Academy for "achievement in research by an outstanding early career economist", was the Principal Investigator of the European Research Council Grant "MacroNets: Production Networks in Macroeconomics" and a recipient of the Leverhulme Prize.
David Chavalarias is the director of the Institut des Systèmes Complexes. His work lies at the crossroads of digital humanities, computational social science and cognitive science. He focuses on the analysis and modeling of social dynamics, social cognition and cultural evolution, with emphasis on the dynamics of academic socio-semantic networks.
He strives to couple his research with an epistemological reflection on the development of complex-systems approaches.
Emmanuel Farhi is the Robert C. Waggoner Professor of Economics at Harvard University. His research focuses on macroeconomics, finance, international economics, and public finance. His papers have been published in leading journals including the American Economic Review, the Journal of Political Economy, the Quarterly Journal of Economics, Econometrica, the Review of Economic Studies and the Journal of Financial Economics. He is a member of the Commission Economique de la Nation, a research associate at the National Bureau of Economic Research and at the Center for Economic Policy Research. He is a former member of the Conseil d'Analyse Economique to the French prime minister.
Francis Kramarz is the director of CREST (Center for Research in Economics and Statistics), jointly created by Ecole Polytechnique and ENSAE (in association with the CNRS). He is Professor at ENSAE and visiting Professor at Uppsala University, Sweden. He was Associate Professor at École Polytechnique, invited Professor at Yale, but also a member of the French low-pay commission (Groupe d’Experts sur le SMIC), of the French Council of Economic Advisors (Conseil d’Analyse Economique), of the Conseil d’Orientation pour l’Emploi, as well as the Attali commission. Francis Kramarz now focuses on his research, trying to understand how social networks (family, former co-workers…), firms’ networks (groups, clients or suppliers) affect firms’ outcomes, in particular their resilience in the face of shocks. For this line of investigation, he received an ERC advanced grant (1.7 millions euros). As director of CREST and ENSAE research director, he is involved in the newly founded Institut Polytechnique de Paris. In particular, he has been a strong advocate of the new Faculty of Data Science and Information Technologies, to which CREST belongs.
Rachel Kranton studies how institutions and the social setting affect economic outcomes. She develops theories of networks and has introduced identity into economic thinking. Her research contributes to many fields including microeconomics, economic development, and industrial organization.
Rachel Kranton is a Fellow of the Econometric Society and was awarded a Chaire Blaise Pascal. She has served on the Executive Committee of the American Economic Association and on the Editorial Boards of the American Economic Review and the Journal of Economic Literature. Kranton is currently a Managing Editor of the Economic Journal and is launching a new research network, Economic Research on Identity, Norms, and Narratives (ERINN). She earned her Ph.D. in Economics at the University California, Berkeley in 1993. She has held fellowships at the Russell Sage Foundation in New York and the Institute for Advanced Study in Princeton. She joined Duke’s faculty in 2007.
Fabrizio Lillo is Full Professor of Mathematical Methods for Economics and Finance at the University of Bologna (Italy). He has been awarded the Young Scientist Award for Socio- and Econophysics of the German Physical Society in 2007. He is author of more than 110 referred scientific papers. He is or has been responsible of one of the units of several European projects on data science, systemic risk, and air traffic management. His current research activity is focused on financial markets, with a special emphasis on high frequency finance and market microstructure, network models and inference of temporal networks, systemic risk, data science and machine learning in finance, economics, and social sciences.
Thomas LUX is Professor of Monetary Economics and International Finance at the University of Kiel. His research interests cover various theoretical and empirical aspects of financial and monetary economics that mostly require intense use of computational methods.
Among others, he has been working on agent-based models of financial markets, multi-scale stochastic volatility models, and network models for the interbank market. From 2011 - 2016, Thomas Lux has been appointed as the Bank of Spain Chair in Computational Economics at the University of Jaume I, Castellon, Spain.
Antoine Mandel is Professor in Applied Mathematics at l’université Paris 1 Panthéon-Sorbonne University. He is a member of the Centre d'Économie de la Sorbonne.
His research focus is in multi-agent models, network theory, equilibrium theory and game theory.la théorie des jeux.
He has a particular interest in socio-economical dynamics within the context of climate change, and has participated in many interdisciplinary projects in that topic. He is a member of the Paris School of Economics, the Global Climate Forum and Climate Strategies.
Takayuki Mizuno is an associate professor of informatics at National Institute of Informatics in Japan, focusing on econophysics, computational social science, and network science. Recently, he has enhanced interdisciplinary studies related to international political economy.
Stefan is full professor for Science of Complex Systems at the Medical University of Vienna. He is the president of the Complexity Science Hub Vienna, external professor at the Santa Fe Institute, and a senior researcher at IIASA. Stefan obtained a PhD in theoretical physics from the Technical University of Vienna and a PhD in economics from the University of Vienna. Stefan started his career in theoretical particle physics and gradually shifted his focus to the understanding of complex adaptive systems. He published more than 200 articles in physics, applied mathematics, network theory, evolutionary dynamics, life sciences, economics and finance, and lately also in the social sciences. He holds two patents. His work has been covered by international media such as the New York Times, BBC world, Nature, New Scientist, Physics World, and is featured in more than 400 newspaper, radio and television reports. Stefan was elected Austrian “Scientist of the Year” in 2018.
Professor of Economics, École polytechnique
Isabelle Méjean is Professor at École polytechnique and researcher at CREST. In her work she has focused on macroeconomics and international trade. She has published in the best journals in economics, in particular in the Journal of International Economics, the American Economic Journal : Macro, Econometrica and the American Economic Review. In 2016 she was awarded an European Research Council grant (ERC Starting Grant) to develop her work on international networks of firms..
PhD Student, Chair of Econophysics & Complex Systems and CAMS (EHESS)
José Moran graduated from École polytechnique and École Normale Supérieure where he studied statistical and condensed matter physics. He then decided to pursue a PhD in the interdisciplinary applications of statistical physics and complex systems. He focuses on the origins of large fluctuations in economic aggregates, using the propagation of shocks in the supply-chain network as a possible mechanism.
Chairman and Head of Research, Capital Fund Management
Jean-Philippe Bouchaud graduated from the Ecole Normale Supérieure in Paris, where he also obtained his PhD in physics. He was then appointed by the CNRS until 1992. After a year spent in the Cavendish Laboratory (Cambridge), he joined the Service de Physique de l’Etat Condensé (CEA-Saclay), where he worked on the dynamics of glassy systems and on granular media. He became interested in economics and theoretical finance in 1991. His work in finance includes extreme risk models, agent based simulations, market microstructure and price formation. He has been very critical about the standard concepts and models used in economics and in the financial industry (market efficiency, Black-Scholes models, etc.) He founded the company Science & Finance in 1994 that merged with Capital Fund Management (CFM) in 2000. He is the President and Head of Research at CFM and professor at ENS. He was awarded the IBM young scientist prize in 1990 and the C.N.R.S. Silver Medal in 1996.
Chair of Econophysics & Complex Systems, École polytechnique & CFM
Michael Benzaquen obtained his PhD in theoretical physics from Université Pierre et Marie Curie in 2015. He then went to work at Capital Fund Management (CFM) alongside Jean-Philippe Bouchaud on market microstructure related issues. He was appointed by the CNRS at Ecole polytechnique in 2016 as a tenured researcher. His research interests include quantitative finance and economics from a physical perspective. In 2017 he co-founded Art in Research, the first art gallery devoted to scientific photography. In 2018, he founded the CFM Chair of Econophysics and Complex Systems at Ecole polytechnique, and currently heads the EconophysiX group. Besides, he teaches financial markets and statistical physics of social sciences at ENSAE ParisTech and Institut Polytechnique de Paris.
Mon. June 8th
Registration and welcome
Guido Caldarelli: TBA.
Stefan Thurner: TBA.
Thomas Lux: TBA.
Buffet lunch at ISC.
5 minute flash-talks by PhD students and Post-docs.
Antoine Mandel: TBA.
Francis Kramarz: TBA.
José Moran: TBA.
Questions about our schedule? Feel free to reach out!
Tue. June 9th
Complex Networks I
Giulio Biroli: TBA.
David Chavalarias: TBA.
Emmanuel Farhi: TBA.
Vasco Carvalho: TBA.
Buffet lunch at ISC.
Complex Networks II
Takayuki Mizuno: TBA.
Yann Bramoullé: TBA.
Albert Lászlo-Barabási: TBA
You may contact us by e-mail at delphine.lhuillier[at]polytechnique.edu
Address for the workshop: Institut des Systèmes Complexes, 113 rue Nationale, 75013 Paris