噺 (8) 壹 Chinese net ωωω.χ8.òм 哽噺繓赽捌 (1) Novel 説蛧

Chapter 448

The University of Cambridge even sent Augustin, the director of the Institute of Mathematics and Physics, to be present in person, which is enough to show the importance that Cambridge University attaches to this exchange activity.

As the last competition in the academic exchange activities, with so many bigwigs coming to the scene to observe, the difficulty of the questions is definitely higher than usual.

The competition is similar to a modeling competition, which is based on a practical problem and is based on the language of mathematics.

It's just that the specific content of the game, Cheng Nuo and the others have never known it.

When entering, Cheng Nuo met Director Olding.

The old man still looked smiling, and when he saw Cheng Nuo, he beckoned, "I have heard about your performance in the past few days, and your performance is very good, and you really live up to my expectations of you." ”

Cheng Nuo shrugged and smiled, but did not speak.

Oldin continued, "This is the last competition, and even if you kid looks down on them again, don't take it lightly. In the end, in front of more than 50 mathematicians from both countries, we can really raise the face of our school, then we can really be regarded as capable!"

Cheng Nuo frowned lightly and asked, "Do you always know what the topic of the last game is?"

Alding nodded, "Knowing is knowing, but I can't reveal it to you in advance." You'll find out when the game comes later. ”

"All I can say is that the questions in this competition are a bit difficult. Eighty percent of you kid will be a little tricky to deal with. ”

"Originally, the topic in the plan for the last competition was not this, and the difficulty was more than twice as easy as the current one, but after hearing about your performance a few days ago, the people of our two countries discussed it and changed the topic to this. Boy, do you know why?"

Cheng Nuo looked at the old man's slightly mocking gaze, pointed at himself, and said with a wry smile, "Don't tell me because of me." ”

"You kid got it!" Alding scolded with a smile, "You showed too much strength, and those guys who did the question were worried that you would easily solve the problem and lose face, so after discussion, the difficulty was raised by two notches." ”

Cheng Nuo touched his nose with a little weakness, "But I think that even if it is raised by two grades, there is no difference, right?"

"Alas!" Regarding Cheng Nuo's confidence, Alding just pointed at Cheng Nuo with his finger, and then sighed, "I won't say anything, don't keep it when the time comes, let everyone see the strength of our Department of Mathematics at Cambridge University!"

After speaking, Cheng Nuo and Alding walked into the small hall together.

Cheng Nuo found his two teammates, Denton and Joya, and sat at the back of the auditorium waiting for the game to begin.

Although there are many leaders coming tonight, there are no complicated and lengthy speeches.

When Mr. Edward saw that the forty-five students had arrived, he greeted the leaders sitting in the first few rows, turned on the multimedia, and projected the questions on the screen.

Mr. Edward coughed lightly, "The content and requirements of the contest are clearly written on it, I just want to emphasize one point, you only have three hours, and you must submit it after three hours, otherwise it will be treated as a waiver." ”

With that, Mr. Edward stepped down from the podium.

Cheng Nuo and others reacted and looked at the screen to check the content of the game.

With the establishment of free trade zones in various countries, futures have ushered in a new period of development, and futures trading is playing an increasingly important role in international trade. Please analyze the trading behavior of the futures market between countries, demonstrate the rationality of the existence of futures market risks and its formation mechanism, explain the phenomenon of inflated prices in the futures markets of many large countries, and give the countermeasures for the formation of abnormal "bubble prices" in this kind of futures trade, as well as the methods to achieve equal profits by buying and selling in different periods to avoid risks.

When reading the question, many people were stunned at the same time.

Cheng Nuo also rubbed his chin, his brows furrowed slightly.

No wonder Director Alding said that the topic was very difficult this time, and it was.

This question, to put it simply, is to let everyone use mathematical methods to discuss the formation of risks in the international futures market and the ways to avoid risks.

At first glance, this is just a simple mathematical modeling problem.

But that's not the case.

First of all, the object of study has been determined, that is, the international futures market.

But what are the characteristics of the international futures market: large and complex.

The world is composed of more than 200 countries and regions, including large and small countries, strong and weak. There are also countries that are at war and have terrible credit risk, and there are countries that are in a trade war where the price risk is also too high.

There is also the risk of contract terms, plus exchange rate risk, all of which must be taken into account.

There's so much to think about, it's overwhelming.

Otherwise, those economists and mathematicians in the direction of economics and finance will not be able to study the futures market for many years and still be in a half-understood way.

Sad, really sad!

This is the thinking of most students at this time.

Although they have not participated in the previous exchange activities, according to what they heard from the seniors, although the questions in the final round will be difficult, they should not be so difficult.

There are only three hours left for them.

But ten minutes had passed, and they still couldn't grasp the slightest clue.

Over there at the University of Cambridge.

Denton and Joya were also scratching their ears and cheeks like everyone else.

In the first few rounds, Cambridge University almost crushed the lead, but in the last round, and the most crucial round, if they fell off the chain, the previous efforts would be wasted.

Thinking like this, they couldn't help but look at Cheng Nuo on the side.

Seeing that Cheng Nuo was closing his eyes and pondering, the two of them had an unusually tacit understanding not to disturb.

It was this mysterious man who led the two of them all the way through the thorns.

The strong trust cultivated in the three days made Denton firmly believe that Cheng Nuo would once again save them in danger, just like the previous times.

Cheng Nuo is indeed thinking.

The treacherous nature of the international futures market makes it difficult to qualitatively translate it into mathematical language.

There is a very mysterious connection between the futures markets, and it becomes even more difficult to find a solution to futures risks.

Unless, unless, a balance can be found.

That's right, balance!

Cheng Nuo's thoughts instantly became lively.

He seems to have found the right direction to solve the problem.

So in the sight of Denton and Joya, Cheng Nuo opened his eyes steeply, and the essence disappeared in a flash.

Denton asked eagerly, "Have you thought of a way?"

Cheng Nuo smiled and nodded, "I've found it." ”

"What is it?" asked Joya.

Cheng Nuo smiled lightly and slowly spit out three words, "Game theory!"

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