Anna Nagurney to Deliver Final Distinguished Faculty Lecture for 1999-2000 Series at UMass Amherst

AMHERST, Mass. - Anna Nagurney, professor of finance and operations management at the Isenberg School of Management at the University of Massachusetts, will deliver the fourth and final distinguished faculty lecture for 1999-2000, Wed., April 5 at 4 p.m. in Memorial Hall. The talk is free, and the public is welcome.

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 is 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 University 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, the highest honor bestowed on individuals for exemplary and extraordinary service to the University.