Michael Damm lecture: Risk Management 2.0 - How to deal with Complexity and Uncertainty?

19-12-2018

16:30 - 20:00

Symphony Auditorium, Gustav Mahlerplein 3, Amsterdam

Michael Damm lecture: Risk Management 2.0 - How to deal with Complexity and Uncertainty?

School of Business and Economics

Economie

Lezing

You are cordially invited for a lecture in the spirit of Michael Damm, co-founder of the postgraduate Risk Management Program at VU Amsterdam, on December 19, 2018Invitation Michael Damm Lecture


Current risk management frameworks do not sufficiently take into account the uncertainty of the future and the complexity of society and the financial system. This leaves states, cities, banks and other financial institutions fragile. They are susceptible to "blow-ups", so called black swans and insecurity.


Professor Lex Hoogduin Risk VU
University of Groningen/ Founder GloComNet/ Chairman of LCH Ltd and SA

In this lecture, Lex Hoogduin will briefly present FAUC (Framework for Acting under Uncertainty and Complexity). FAUC aims at supporting effective action in the world as it is: complex and uncertain.


He will then argue that effective risk management requires a review and extension of current risk management approaches. Subsequently, on the basis of FAUC he will present Risk Management 2.0.





After the lecture by professor Hoogduin, two discussants will feed the discussion:


Joeri Schasfoort
Joeri Schasfoort

- Joeri Schasfoort MSc
University of Groningen based researcher using agent-based simulation models to understand the interactions between finance and the economy.




Anita Kopányi-Peuker
Anita Kopányi-Peuker

- Anita Kopányi-Peuker PhD
Postdoctoral researcher at the University of Amsterdam using laboratory experiments to investigate human behavior in financial settings e.g. in asset markets and bank runs.



The subsequent Q&A with the audience will be moderated by professor Fieke van der Lecq, academic director of the VU Risk Management program.



This invitation can be freely shared among your professional network contacts. As there are a limited number of seats available, we kindly request you to register.


Program
16:30 Registration with refreshments
17:00 Word of welcome by moderator
17:05 Lex Hoogduin
18:00 Discussants
18:30 Q&A with audience
19:00-20:00 Drinks and bites