Peter Sloot’s lecture ‘Early-warning signals of the credit crisis in financial time series

On December 19 Prof. Dr. P.M.A. Sloot will read a lecture ‘Early-warning signals of the credit crisis in financial time series’ within the scientific School-workshop of young scientists and specialists ‘Advanced Intelligent Technologies: Finances, Healthcare, Communications’ at the ITMO University. In financial markets, participants locally optimize their profit which can result in a globally unstable state leading to a catastrophic change. Peter Sloot will speak on how the concept of the dissipation of mutual information can be used for prediction of such crisis.

Subject areas of the lecture are information theory and computation, computational science, scientific data, information technology.