Time: Thursday 25 November, 10:30am-12:00pm

Venue: 216, Main Building

Speaker: Professor Zhao Lin, Southwest University of Finance and Economics

Introduction of the speaker.

Zhao Lin is a professor and PhD supervisor in the School of Business Administration of Southwest University of Finance and Economics. He received his Bachelor of Science and Doctor of Science degrees from the Department of Mathematics, Tsinghua University. His main research interests include decision theory and methods, behavioral economics, behavioral management, and their applications to investment, production and consumption decisions. He has published more than thirty academic papers in international journals such as Management Science, European Journal of Operational Research, Review of Corporate Finance Studies, and Journal of Risk and Insurance. He has received the 5th Young Scientist Award in Systems Science and Systems Engineering and the Yu Shan Academic Award in Management Science in Taiwan. He is currently an Associate Editor in the field of Management Science Decision Analysis and an Editorial Reviewer in the field of Decision Sciences Decision Analysis.

Brief Description of Report.

Research in behavioural economics has identified and modelled a range of behavioural laws in individual decision making. The modelling of these behavioural laws, when combined with the more established science of operations research, can provide a fine-grained quantitative means of managing individual behaviour. We combine three examples to demonstrate the application of quantitative behavioural modelling to investment, consumption and production decisions.

(Organised by: Department of Management Engineering, Centre for Research and Academic Communication)