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Real-Time Capital Markets -- Analytics, Visualization, Event Processing, and Intelligence

Networks: The Science That Spans Disciplines by Professor Anna Nagurney

Professor Anna Nagurney gave a really interesting talk on the topic of Supernetworks entitled “NETWORKS: The Science That Spans Disciplines” on May1, 2005 at MeshForum 2005. (One can listen to an audio tape of the actual presentation here.) This talk is well worth listening to if one is at all interested in the subject of social networks, particularly as they might interact with financial networks.

As described on the ITConverstaions website, this talk focused on answering, What is common between web traffic and transportation? If a path always has heavy traffic will building a bypass or an alternative path really help the cause? Or will it worsen it? How do you use network theory to solve transportation and water supply problems? How is the study of networks helpful in solving complex problems in finance and economics?

In this MeshForum 2005 presentation, Professor Nagurney talks about the scientific underpinnings of networks and explains about classical networks. She talks about interesting applications of networks to different disciplines. Supernetworks is a new branch of study which helps in solving problems associated with constructing and improving networks. Many of the solutions to these network problems can be applied to different disciplines with minor modifications. One of the more exciting applications currently being explored is to social networks.

Professor Anna Nagurney is the John F. Smith Memorial Professor in the Department of Finance and Operations Management at the Isenberg School of Management at the University of Massachusetts at Amherst. She has a Ph.D in Applied Mathematics from Brown University and has served as a Visiting Associate Professor in the Operations Research Center at M.I.T. Professor Nagurney now serves as Director of both The Virtual Center for Supernetworks and Supernetworks Laboratory for Computation and Visualization. She devotes her career to education and research that combines management, economics, and engineering. Her focus is the applied and theoretical aspects of network systems, particularly in the areas of transportation and logistics and economics and finance. She is the editor of the new book, Innovations in Financial and Economic Networks (November 2003), and has authored or co-authored 8 other books and more than 100 refereed journal articles.