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BRAMA, Apr. 27, 2000, 1:00am EST


Shevchenko Scientific Society

Lecture: Networks for Fun and Profit

Dr. Anna Nagurney, professor of finance and operations management at the Isenberg School of Management, University of Massachusetts, will deliver a lecture, entitled "Networks for Fun and Profit", on Saturday, May 20, at the Shevchenko Scientific Society, 63 4th Ave., New York, beginning at 11:00 a.m. The lecture is sponsored by the Mathematics-Physics-Technical Section of the Society and is open to the public.

In her lecture Dr.Nagurney will explore the network structure of economic activity ranging from transportation and communications through finance. "Networks provide the infrastructure for the functioning of our societies and economies," says Dr. Nagurney, "and they are pervasive not only in our daily lives but in business, science and technology, social systems, and education. Given the importance and relevance of networks in our network economy, the opportunity for profits are limitless." Physical networks include transportation, communication, and production networks, she explains, and network problems also arise in "surprising and fascinating ways," and may lead to "paradoxical phenomena with major policy implications.

Dr. Nagurney will discuss the reality of many of today's networks with a focus on congestion, complexity, large-scale nature, and paradoxical phenomena. She will highlight how complex network problems are formulated and solved and will demonstrate network structure in a diversity of problems with a goal of visualization. "The 'fun' she says, "lies in the discovery of new network applications and phenomena and in formalizing the understanding of them."


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