TMS Distinguished Colloquium Series 2022-2023

Turkish Math Society proudly presents a monthly Distinguished Colloquium Series in pure and applied mathematics. With the wide usage of online talks in the post-pandemic era, we aim to host renowned mathematicians from all over the world to promote the latest developments in their fields.

(Click to visit TMD Distinguished Colloquium 2021-2022 page.)

Organizing Team

Erhan Bayraktar (U. Michigan), İlker Birbil (U. Amsterdam), Kazım Büyükboduk (UC-Dublin), İzzet Coşkun (U. Illinois – Chicago), Barış Coşkunüzer (UT Dallas), Burak Erdoğan (U. Illinois – Urbana-Champaign), Sinan Güntürk (NYU-Courant), Özlem İmamoğlu (ETH Zürich), Gizem Karaali (Pomona C.), Ekin Özman (Boğaziçi U.), Özgür Yılmaz (University of British Columbia).

Talk 1

Date: Tuesday, September 20, 2022
12pm (New York) / 5pm (London) / 7pm (Istanbul)

Speaker: METE SONER – Princeton University


Abstract: Starting with the moon-landing problem, the mathematical theory of  optimal control has been fully developed and found numerous applications not only in engineering but also in many subfields of social sciences. In particular, in economics and quantitative finance, stochastic optimal control has become a  central modeling tool, and is the starting point for many modern learning algorithms.  The unifying paradigm is decisions under uncertainty and one imagines that a rational decision maker is guided by an appropriate control problem.  In this talk, after describing the structure of the general problem, I will outline the powerful solution technique based on dynamic programming.  Several applications such as the Kalman filter used in automated machines,  Merton’s problem for optimal investment decisions and the Ellsberg experiment for uncertainty will also be discussed.  I will conclude with the new developments and the questions.


Zoom Link 👆

Video Recording 👆