Omnipotent Data

Chapter 448

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

As the last competition in the academic exchange activities, with so many bigwigs coming to observe the scene in person, the difficulty of the topic must be higher than usual.

The school is still the unit, and three people from each school form a small team. The form of the competition is similar to that of a modeling competition. It is based on a practical problem and uses mathematical language to think and answer.

It's just that the specific content of the competition, Cheng Nuo and the others have not yet known.

When entering the arena, Cheng Nuo ran into Director Ording.

The old man was still smiling, and when he saw Cheng Nuo, he waved, I've heard about your performance these past few days.

Cheng Nuo shrugged and smiled, but said nothing.

Ordin continued, This is the last competition. Even if you look down on them, don't take it lightly. In the end, we will give our school face in front of more than 50 mathematicians from the two countries. That's the real deal!

Cheng Nuo frowned slightly and asked, You always know what the topic of the last competition is?

Ordin nodded, I know I know, but I can't tell you in advance. You will know later in the game.

I can only say that the topic of this competition is a bit difficult. Eighty percent of you will be a little tricky to deal with it.

Originally, the topic in the final competition plan was not this one, and that difficulty was more than twice as difficult as the current one, but after people from our two countries heard about your performance a few days ago, we changed the topic after discussing it. This is it. Boy, do you know why?

Cheng Nuo looked at the old man's teasing gaze, pointed at himself, and smiled wryly, Don't tell me it's because of me.

It's you who made it! Ordin scolded with a smile, You showed too much strength, and the guys who made the test were worried that the problem would be easily solved by you, and they would lose face, so after discussion, they raised the difficulty by two grades.

Cheng Nuo rubbed his nose with a guilty conscience, But I think it won't make any difference even if it's raised by two levels?

Ah! Regarding Cheng Nuo's confidence,

Ordin just pointed at Cheng Nuo, and then sighed, I won't say anything, don't keep it when the time comes, let everyone see the strength of our mathematics department at Cambridge University!

After speaking, Cheng Nuo and Ordin walked into the small auditorium together.

Cheng Nuo found his two teammates, Denton and Qiao Ya, sitting at the back of the auditorium and waiting for the game to start.

Although there are many leaders coming tonight, there is no complicated and lengthy speech session.

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

Mr. Edward coughed lightly, The content and requirements of the competition are clearly written on it. I just want to emphasize that your time is only three hours, and you must submit after three hours, otherwise it will be treated as a waiver.

After speaking, Mr. Edward stepped off the podium.

Cheng Nuo and the others came to their senses and looked at the screen to check the content of the game.

[With the establishment of free trade zones in various countries, futures has ushered in a new period of development, and futures-based transactions are playing an increasingly important role in international trade. Please analyze the trading behavior of the futures market among countries, demonstrate the rationality of the existence of futures market risk and its formation mechanism, explain the phenomenon of inflated prices that may appear in the futures market of many major countries, and give the futures trade of this kind Coping strategies for forming abnormal bubble prices and ways to avoid risks by buying and selling to achieve equal profit in different periods. 】

After reading the topic, many people were stunned at the same time.

Cheng Nuo rubbed his chin as well, frowning slightly.

No wonder Director Ordin said that this time the topic was very difficult, which is indeed the case.

To put it simply, this topic is to let everyone use mathematical methods to discuss the formation of risks in the international futures market and the methods of avoiding risks.

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

but it is not the truth.

First of all, the research object 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 big countries and small countries, strong and weak countries. There are also some countries that are in the midst of war, and the credit risk is terribly high, and there are even countries where the two sides are in a trade war, and 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 are so many things to consider, so many that it is almost impossible to start.

Otherwise, those economists and mathematicians in the direction of economics and finance will not have studied the futures market for many years and still have a little understanding of it.

Worry, really worry!

This is what most students think at this time.

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

The time left for them is only three hours.

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

Over there at Cambridge University.

Denton and Joya were also scratching their heads like everyone else.

In the first few rounds, Cambridge University almost took the lead, but the last round is also the most critical round. If they lose the chain, all previous efforts will be in vain.

Thinking of this, they couldn't help turning their eyes to Cheng Nuo who was on the side.

Seeing that Cheng Nuo was meditating with his eyes closed, the two of them agreed not to disturb him.

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

The strong trust cultivated in three days convinced Denton that Cheng Nuo would save them again in times of crisis, just like the previous few times.

Cheng Nuo was indeed thinking about it.

The treacherous and changeable international futures market makes it difficult to study it qualitatively in the language of mathematics.

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

Unless, a balance can be found.

By the way, balance!

Cheng Nuo's thoughts instantly became vivid.

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

So in the sight of Denton and Qiao Ya, Cheng Nuo opened his eyes abruptly, and the light flashed away.

Denton asked eagerly, Have you thought of a way?

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

What is it? Joya couldn't help asking.

Cheng Nuo smiled lightly, and slowly uttered three words, Game theory!