David Sprott Distinguished Lecture by Hans Föllmer, Humboldt University Berlin

Thursday, September 26, 2019 4:15 pm - 4:15 pm EDT (GMT -04:00)

Optimal Transport, Entropy, and Risk Measures on Wiener space


We discuss the interplay between entropy, large deviations, and optimal couplings on Wiener space.

In particular we prove a new rescaled version of Talagrand’s transport inequality. As an application, we consider rescaled versions of the entropic risk measure which are sensitive to risks in the fine structure of Brownian paths. 


HANS FÖLLMER 

hans smiling
Hans Föllmer is Professor Emeritus of Mathematics at Humboldt University in Berlin.

He has also been professor at the Universities of Frankfurt and Bonnand at ETH Zurich, Distinguished Visiting Professor at the National University of Singapore, and Andrew D. White Professor-at-Large at Cornell University.

Hans Föllmer is widely known for his contributions to probability theory and mathematical finance. He received numerous awards, including the Prix Gay-Lussac/Humboldt of the French Government, the Georg-Cantor medal of the German Mathematical Society, and a honorary degree of the University Paris-Dauphine. He is a member of the German National Academy of Sciences and the European Academy of Sciences.


David A. Sprott (1930-2013)

Professor David Sprott was the first Chair (1967-1975) of the Department of Statistics and Actuarial Science at the University of Waterloo and first Dean of the Faculty of Mathematics (1967-1972). The David Sprott Distinguished Lecture Series was created in recognition of his tremendous leadership at a formative time of our department, as well as his highly influential research in statistical science.