The 2011 Global Entrepreneurship Week or Alþjóðleg Athafnavika (in Icelandic) will be held from November 14-20 featuring week-long series of events around the country. IIIM is going to participate in collaboration with Reykjavík University.
WEDNESDAY, NOVEMBER 16
we will present few short talks about
Simulation and Artificial Intelligence Research at the Icelandic Institute for Intelligent Machines Continue reading IIIM at Global Entrepreneurship Week (Alþjóðleg Afhafnavika) 2011
Vísindavaka 2011 was held on Friday, September 23 in Háskólabíó. Around 4700 visitors attended this annual event involving a wide range of scientific and research organizations. IIIM continued its tradition with presenting several projects during Vísindavaka. This was a chance to meet IIIM staff in person, ask questions and learn more about our projects. Continue reading Vísindavaka 2011 (e. “Researchers’ Night”)
10th of June, 2011 at 13:00, in Reykjavik University, Betelgás (Venus, 1st floor)
Dr. Jacky Mallet, Ph.D. graduate from MIT, will be holding a talk at Reykjavik University on her research on modern banking systems and economic theory. Using complex dynamic systems, her computer simulations have yielded evidence challenging some of the assumptions on which modern economic theories are based.
A number of deficiencies in the textbook model of the banking system’s behaviour will be demonstrated in the talk, titled Analysing the Behaviour of the Textbook Fractional Reserve Banking Model as a Complex Dynamic System.
Now available for download – a technical report written by Jacky Mallett, affiliate researcher of IIIM. Title of the paper is “What are the Limits on Commercial Bank Lending?”. Preprint submitted to Elsevier, September 20th, 2010.
The report presents a controversial theory, with backing evidence, about the cause of the financial crash in 2008, and why it will probably happen again soon. It took a computer scientist, with an eye on algorithms, to crack what many economists failed to understand. See download link and abstract below.
Continue reading Download “What are the Limits on Commercial Bank Lending?” by Jacky Mallett
