12:10-13:10
10:50-11:00
Coffee break
11:00-11:40
11:40-12:10
Quantum theory of Human Decision Making,
Didier Sornette, ETH, Zurich, Switzerland
Lunch
13:10-14:30
Session II: Modeling the Financial Risks, the Crisis,
Chair D. Sornette
13:10-13:55
Continuous-Time Markov-Switching Multifractal Models: Their Estimation and Application in Risk Management,
Thomas Lux, Kiel University, Germany
Armenia
13:55-14:30
Financial bubbles in Cantor-Lipmann continuous time model,
Alexander Shananin, Moscow Institute of Physics and Technology, Moscow, Russia
Armenia
14:30-14:45
Coffee break
Collective Decisions in Gambling games based on Ratchets,
Juan Parrondo, Madrid University, Spain
Ao Ping, Shanghai Center for Systems Biomedicine, Shanghai, China