HKUEMS :: Event Details

50th Anniv. Seminar Series on 'Financialization and society' by Professor Charles S. TAPIERO
posted by Department of Statistics and Actuarial Science for HKU and Public
Event Type: Public Lecture/Forum/Seminar/Workshop/Conference/Symposium
Event Nature: Science & Technology

Event Details

DEPARTMENT OF STATISTICS AND ACTUARIAL SCIENCE
THE UNIVERSITY OF HONG KONG

50th Anniversary Seminar Series

Professor Charles S. TAPIERO
Department of Finance and Risk Engineering
New York University Tandon School of Engineering, New York

will give a talk

entitled

FINANCIALIZATION AND SOCIETY

Abstract

Financialization is a process that transforms real goods, services, and risks to be readily exchangeable in financial markets and therefore priced and accounted for. This process, simplifies agents’ financial rationality based on money and the flow of money. At the same time, Financialization is interpreted to express the ascendancy and the growing dominance of capital markets and financial systems that has led to a deviant finance, i.e. a self-serving end rather than a means for economic development and social well-being. The purpose of this presentation are to elaborate the incongruence of finance when confronted with the social consequences it seeds. And assess whether some traditional and financial approaches based on fundamental financial models can account for the aggregate and social consequences they entail. A number of special cases are considered including for example: Multi Agents wealth, consumption Pricing and inequalities; Public (collective) Infrastructure and lagging private investments; Environmental investments and related problems.

Date/Time08/12/2017 11:00-12:00
VenueRoom 301, Run Run Shaw Building, HKU
LanguageEnglish
Programmeclick to view
10:45 to 11:00 Refreshments will be served outside Room 301 Run Run Shaw Building
11:00 to 12:00 Seminar

Registration Instruction

Registration is not required.

Contact Information

For further information, please visit:
http://www.saasweb.hku.hk/seminar/seminar.php

Should you have any enquiries, please feel free to contact Ms. Irene Cheung by email at saas@hku.hk or by phone at 39173812 or by fax at 28589041.