SMSS Colloquium Talk - Matt Davison
Room: 114
Title: Adventures in Electricity Finance
Speaker: Matt Davison
Abstract:
This talk presents a simple to state, hard to analyze optimal stopping game motivated by a problem arising in the power management of a remote
Ontario gold mine. Connections will be drawn with other optimal
stopping problem arising in renewable energy finance.
I will share description of the crazy Ontario Electricity Market in providing some context for speculation about the “mechanism design” that led to this game being of practical interest.
I will conclude with some speculations on why mathematical and statistical science has received such spectacular traction in the banking, finance, and business worlds in recent years.