Examines Role of Networks in Modern Society
Anna Nagurney, professor of Finance and
Operations Management at the Isenberg School of Management, will
deliver the fourth and final presentation in the Distinguished
Faculty Lecture Series on Wednesday, April 5 at 4 p.m. in Memorial
Nagurney's lecture is titled "Networks for Fun and Profit," and
will explore the network structure of economic activity ranging
from transportation and communications through finance.
"Networks provide the infrastructure for the functioning of our
societies and economies," says Nagurney, "and they are pervasive
not only in our daily lives but in business, science and technology,
social systems, and education. Given the importance and relevance
of networks in our network economy, the opportunity for profits
are limitless." Physical networks include transportation, communication,
and production networks, she explains, and network problems also
arise in "surprising and fascinating ways," and may lead to "paradoxical
phenomena with major policy implications."
In her talk, Nagurney will discuss the reality of many of today's
networks with a focus on congestion, complexity, large-scale nature,
and paradoxical phenomena. She will highlight how complex network
problems are formulated and solved and will demonstrate network
structure in a diversity of problems with a goal of visualization.
"The 'fun,'" she says, "lies in the discovery of new network applications
and phenomena and in formalizing the understanding of them."
Nagurney joined the faculty in 1983 and in 1998 was appointed
John F. Smith Memorial Professor in the Department of Finance
and Operations Management at the Isenberg School. Throughout her
career she has received national and international awards, including
the Distinguished Chair Visiting Professorship at the Royal Institute
of Technology in Stockholm, Sweden, and the International Kempe
Prize in honor of Tord Palander (Sweden). She was recently chosen
as an Eisenhower Fellow by the National Highway Institute, and
in 1991 she received a Faculty Award for Women from the National
Science Foundation to support her research for a five-year period.
The author of more than 75 journal articles, numerous book chapters,
and five books, Nagurney received her doctorate, master's, and
bachelor's degrees from Brown University.
A reception will follow Nagurney's lecture. All faculty members
in the series receive a Chancellor's Medal for exemplary and extraordinary
service to the University.
The lecture and reception are free and open to the public.