Chapter 445

Chapter 448

Cambridge University sent Augustine, the director of the Institute of mathematics and physics, to be present in person, which shows that Cambridge University attaches great importance to this exchange activity.

As the last competition in the academic exchange activities, with so many big men visiting the scene, the difficulty of the topic is definitely higher than usual.

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

Cheng Nuo didn't know the details of the competition.

When entering, Cheng Nuo meets director Aldin.

The old man was still smiling. Seeing Cheng Nuo, he waved, "I've heard about your performance these days. It's very good. As expected, I haven't let down my expectation of you."

Cheng Nuo shrugs and laughs.

Aldin went on, "this is the last race, and if you look down on them again, don't take them lightly. At the end of the day, we should be able to raise the face of our school in the presence of more than 50 mathematicians from both countries. That's a real skill

Cheng Nuo frowned slightly and asked, "do you always know the topic of the last game?"

Aldin nodded. "Knowing is knowing, but it can't be disclosed to you in advance. You'll know when the game starts

"I can only say that the title of this competition is a little difficult. 80% of you will be a little tricky to deal with. "

"Originally, the topic in the plan of the last competition was not this one, and it was more than twice as difficult as the present one. However, after hearing about your performance a few days ago, the people of our two countries changed the title to this one after discussion. Boy, do you know why? "

You teased Cheng and said, "don't look at the old man a little."

"That's what you did!" Aldin said with a smile, "your performance is too strong. The guys who set the topic are worried that you can easily solve the problem, so they raised the difficulty by two grades after discussion."

Cheng Nuo felt a little guilty about his nose, "but I think it's no difference even if it's upgraded by two grades?"

"Alas Regarding Cheng Nuo's confidence, Aldin just pointed to Cheng Nuo and immediately sighed, "I won't say anything. Don't keep it until then. Let everyone see the strength of our mathematics department at Cambridge University!"

With these words, Cheng Nuo and Aldin walked into the auditorium together.

Cheng Nuo finds his two teammates, Danton and joea, sitting in the back of the auditorium waiting for the start of the game.

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

When Mr. Edward saw that 45 students had arrived and said hello to the leaders sitting in the front rows, he turned on the multimedia and put the questions on the screen.

Mr. Edward coughed. "The contents and requirements of the competition are clearly written on it. I just want to stress that your time is only three hours. You must submit it after three hours, otherwise it will be treated as abstention."

After that, Mr. Edward stepped down from the platform.

Cheng Nuo and other talents responded and looked at the screen one after another to see 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 trading with futures as the carrier is playing an increasingly important role in international trade. Please analyze the trading behavior of futures markets between countries, demonstrate the rationality of the existence of futures market risks and their formation mechanism, explain the possibility of high price in the futures market of many large countries, and give the coping strategies for forming abnormal bubble prices in the futures trade and achieve equal profits through buying and selling in different periods. How to avoid risks. 】

after reading the title, many people were stunned at the same time.

Cheng Nuo is also rubbing his chin and frowning slightly.

It's no wonder that director Aldin said that the topic was very difficult, as it was.

This topic, in short, is to let people use mathematical methods to discuss the formation of risks in the international futures market and the methods to avoid risks.

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

But this is not the case.

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.

There are more than 200 countries and regions in the world, including big countries and small countries, strong countries and weak countries. There are also some countries in the war, the high credit risk is terrible, and even more countries in trade war, the price risk is also too high.

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

There are so many things to consider that one can hardly begin with.

Otherwise, those economists and mathematicians in the economic and financial direction will not have studied the futures market for many years and still have a half understanding.Sad, really sad!

This is what most students think at this time.

Although they have not participated in the previous exchange activities, according to what they have heard from senior students, the last round of topics will be difficult, but they should not be so difficult.

They have only three hours left.

But ten minutes later, they still couldn't catch a clue.

Cambridge University.

Danton and Joey were scratching their ears as much as the others.

In the first few rounds, Cambridge University almost took the lead in crushing, but in the last round, which is also the most critical round, if they lose the chain, the efforts ahead will be wasted.

Thinking like this, they can't help but cast their eyes to one side of Cheng Nuo.

See Cheng Nuo is closing his eyes to meditate, two people are very tacit understanding not to disturb.

It was the man with the mysterious veil who led them to overcome the thorns all the way.

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

Cheng Nuo is really thinking.

The changeable language of futures makes it difficult to study the international market.

There is a very mysterious relationship between futures markets. It is even more difficult to find a solution to futures risk.

Unless we can find a balance.

By the way, balance!

Cheng Nuo's thoughts become vivid.

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

So in Danton and Qiao Ya two people's line of sight, Cheng Nuo steep open his eyes, the fine awn flash away.

Danton asked eagerly, "do you think of a way?"

Cheng Nuo nodded with a smile, "it has been found."

"What is it?" Joey couldn't help asking.

Cheng Nuo gently smile, slowly spit out three words, "game theory!"

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