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SOE: Fachverband Physik sozio-ökonomischer Systeme

SOE 1: Tutorial: Dynamics of Economic and Financial Systems (joint session SOE/TUT)

Sunday, March 17, 2024, 16:00–18:15, H 1012

This tutorial is aimed to introduce concepts and illustrate latest developments on the dynamics of economic and financial systems: non-stationary dynamics of correlations in financial markets, interpretable machine learning applied to electricity price dynamics in the context of transitioning to sustainable energy sources, and financial concepts connecting statistical physics and financial markets.

Participants are invited to continue the deep dive into the above topics at the symposium "Statistical Physics of Economic and Financial Systems (SYEF)" on Thursday at 9:30 (Audimax).

Organized by Eckehard Olbrich (Max Planck Institute for Mathematics in the Sciences, Leipzig, Germany), Fakhteh Ghanbarnejad (Potsdam Institute for Climate Impact Research, Potsdam, Germany), and Philipp Hövel (Saarland University, Germany)

	16:00	SOE 1.1	Tutorial: Non-Stationary Dynamics of Correlations in Financial Markets — •Anton J. Heckens
	16:45	SOE 1.2	Tutorial: Exploring electricity price dynamics with interpretable machine learning — •Benjamin Schäfer and Dirk Witthaut
	17:30	SOE 1.3	Tutorial: Rien ne va plus: Seemingly perfect bets and optimal portfolios, broken ergodicity, washed-out stylized facts and financial death by Black-Scholes option pricing — •Jan Nagler