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.

Brought to you by the Icelandic Institute for Intelligent Machines and
the Center for Analysis & Design of Intelligent Agents