IMath Webinar Series: Lu Kevin S. Ong, Ph.D and Jasmin-Mae S. Luy, Ph.D.

You are all invited to attend the first webinar of the IMath Webinar Series today, February 21, 2022 at 2pm. Dr. Ong and Dr. Luy of the Mathematical Finance and Actuarial Science Group will be our speakers.

Lu Kevin S. Ong, Ph.D. (Mathematical Finance and Actuarial Science Group)
Title: On the Propagation of Chaos for Recombination Models
Abstract: We consider binary interactions in an \(N\)-particle system. In particular, we use probability distributions known as recombination models to describe these interactions. Chaos propagates when the stochastic independence of two random particles in a particle system persists in time, as the number of particles tends to infinity. Specifically, we present the relevant propagation of chaos phenomenon for our particle system.

Jasmin-Mae S. Luy, Ph.D. (Mathematical Finance and Actuarial Science Group)
Title: A Study of Microcredit Repayment Delays in Southern Metro Manila, Philippines
Abstract: Microcredit is the provision of loans to low-income individuals who may otherwise not qualify for loans from traditional financial institutions. Payments are usually made in small amounts with high frequency, leading to the possibility of missed or delayed payments, where delay is defined as the failure of a client to remit at least one weekly payment on its due date. Various factors affecting repayment delays of borrowers from Southern Metro Manila are analyzed through variable selection by means of the Akaike Information Criterion in a logistic regression model.