05 May

Seminar by Tadeusz Szuba (AGH University, Cracow)

Seminar by Tadeusz Szuba, DI-FCUL, 13 Mai at 14h

“Formal and computational model for A. Smith’s Invisible Hand paradigm as basis for quite new tools for market analysis and prediction”

Abstract:
“A. Smith’s statements provide clear hint on how to transform human as element of the market, into “business thinking and planning virtual processor”. Using this processor under concept of molecular model of computations, we are able to convert market into specific, nondeterministic, parallel computer. It is quite different computer, comparing to digital computer – most probably much more powerful but in different scale. It uses logic, not 0/1 Boolean algebra as basic calculus and processors move around computational space – do not take fixed positions. Computations are driven by abstract “value” – not by operating system. This computational nature is like second side of coin or another dimension of the market. This idea leads to perception and formalization of A. Smith Invisible Hand of Market (ASIHM) as a computer: ASIHM-computer. This computer is self-programming and is performing computations not only for market optimization & stabilization, but also can act as “discoverer” of e.g. new technologies necessary for market (technical optimization). ASIH-computer is specific for every market, since reflects it’ nature and mentality of agents. Most probably also rules of social behavior can be discovered by ASIHM-computer (social optimization). Threads of ASIHM-computer calculations are not visible for single agent, since it participates only in one or just few steps of such calculations. Only economists can identify architecture of this computer and what computations are performed. Perceiving market as “thinking subject” will lead to quite different tools for market analysis and prediction. It can be done in such way, that at first economists with help of specialists from theory of computations will construct simulation model of ASIHM-computer for given market (approximation). Next, this model will be investigated on what it can calculate, how fast and what way it will react to market disturbances, etc. ASIHM-computer concept will imply a lot of theoretical research. To tackle this concept, EU Grant & team is necessary + approx. 5 years of work. In general, ASIHM-computer is similar to swarm-computer (ants, honeybees); however, agents are much more intelligent.”

Tadeusz Szuba has received Ph. D. in AI in 1979. In 1975 – 1991 he was working on theory of intelligent, autonomous machines (intelligent excavator). Machines were simulated in 3D animated computer graphics. In 1991-2001 he was associate professor in Department of Mathematics and Computer Science, Kuwait University. In 1993 he started to work on theory of Computational Collective Intelligence. This theory is published in book (SZUBA 2001). In 2002/2003 he was visiting associate professor at UMSL Univ. St. Louis, MO, USA. Since 2003 he is back at AGH University, Cracow Poland. Since 2009 he works on of Collective Intelligence theory applications, i.e. on formalization and simulation model of A. Smith Invisible Hand of Market. He tries to build formal and computational model of this phenomena. His teaching area is computer graphics, whereas research area is Collective Intelligence. He is head of Computer Graphics laboratory, head of postgraduate program in Computer Graphics and head of M. Sc. Program Modern Computer Graphics.

05 May

Postdoc position on Complex Socio-economic Systems, experiments and models

A postdoctoral researcher is expected to open to start on September 1st, 2015 as part of the EU Horizon 2020 project ‘Bridging the gap: from Individual Behaviour to the Socio-tEchnical MaN (IBSEN)’. The postdoctoral researcher will work at the Interdisciplinary Group of Complex Systems (Grupo Interdisciplinar de Sistemas Complejos, GISC) in the Department of Mathematics of UC3M, physically located in the Engineering Campus in the town of Leganés, 15 km south of the center of Madrid.

Full details here.