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SUMMARY:Plenary Lecture 6: On Boltzmann-type and Free Boundary Models for 
 Price Formation - Markowich\, P (KAUST)
DTSTART:20140625T092000Z
DTEND:20140625T100500Z
UID:TALK53165@talks.cam.ac.uk
CONTACT:Mustapha Amrani
DESCRIPTION:We present a theory for a price formation free boundary model 
 formulated by Lasry and Lions. Also we introduce a mesoscopic Boltzmann-ty
 pe model for price formation in economic markets of single goods\, which g
 ives the Lasry-Lions model in the limit of large trading frequency.\n
LOCATION:Seminar Room 1\, Newton Institute
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