w88 casino News Network (Reporter Huang Xin Li Binbin）2008Year4month10日夜7：00, the Student Union of the w88 casino of Finance of the w88 casino invited Mao Yushi, the most influential economist in China, in Ningyuan828Classroom, reveal the important concept in game theory - Pareto optimality for w88 casino students, and explore with students how to optimize the allocation of resources and seek the best integration of capital.
This lecture is the first academic lecture event of the 7th Financial Culture Festival. It aims to improve students' financial professional level, cultivate students' awareness of learning financial knowledge, and broaden students' horizons. Bai Yan, Deputy Secretary of the Party Branch of the w88 casino of Finance, and Zhuang Hongyan, Secretary of the Youth League Branch attended this lecture.
One hour before the lecture starts, Ningyuan828It was already crowded with spectators.7：00, Mao Laoyi, dressed in simple clothes, appeared, and the audience immediately burst into warm applause. Although Mr. Mao, who is over eighty years old, is in good spirits, he gave up the chair prepared by the organizer and still stood and gave lectures to everyone.
Mao Yushi
This lecture focuses on "Pareto Optimality". Pareto optimal(Pareto Optimality), also known as Pareto efficiency and Pareto improvement, is an important concept in game theory and has been widely used in economics, engineering and social sciences. "Pareto optimality" refers to a state of resource allocation that makes it impossible to make some people's situation better without making anyone's situation worse. A "Pareto improvement" refers to a change that makes at least one person better off without making anyone worse off. On the one hand, "Pareto optimality" refers to a state where there is no room for Pareto improvement; on the other hand, "Pareto improvement" is the path and method to achieve Pareto optimality. "Pareto optimality" is fairness and efficiency“Ideal Kingdom”. In order to introduce this concept, Mao Yushi picked up the chalk and wrote on the blackboard himself, giving clear explanations to the audience in the form of equations, charts, etc. At the same time, Mao Yushi interspersed common examples in real life from time to time during the lecture, making the lecture easy to understand. An academic lecture is no longer boring and obscure, but becomes interesting.
Mao Yushi wrote on the blackboard himself, making the lecture easy to understand
The audience was attentive
Based on the original "Pareto optimal", Mao Yushi made modifications and proposed the concepts of "happy Pareto improvement" and "painful Pareto improvement". "Happy Pareto improvement" means reaching a state where no one is unhappy and at least one person is happy. Its ultimate goal is to maximize happiness, which coincides with the concept of "harmonious society" currently promoted in our country. Mao Yushi also combined his personal experience during the Cultural Revolution to talk about the concept of "painful Pareto improvement" - the maximization of pain. The audience also saw some vicissitudes of life in Mao's energetic face. He told the students that the ultimate goal of man in life is not to amass wealth, but to gain happiness. At the same time, Mr. Mao also gave some examples of making everyone happy without spending any money, so that the students understood that it is possible to make everyone happy without damaging themselves.
Later, Mr. Mao also gave some study suggestions to the students. He told the students that learning must be creative and dare to doubt. When studying in college, what is important is not the knowledge itself, but the method of learning knowledge. Through observation and analysis, we must eliminate the dross in life and see the essence of things. This will definitely make a difference.
At the end of the lecture, Mao Yushi answered various questions raised by the audience in detail. The lecture explained the profound things in simple terms and benefited the audience a lot. After the lecture, the audience burst into warm applause.
Mao Yushi brought this time50After the lecture, students lined up to buy an economics book signed by him. The atmosphere was warm and orderly.
Line up to buy books, the atmosphere is warm
At this point, Mao Yushi’s special session of the Financial Forum of this Financial Culture Festival came to a successful conclusion.
Note:Mao Yushi: One of the most influential economists in China and an important representative of Chinese private economists.
1975Started in microeconomics research
1984Annual appointment as associate researcher and researcher at the Institute of American Studies, Chinese Academy of Social Sciences
1986went to the United States as a registered visiting scholar at Harvard University
1990Employed as a senior lecturer in the Department of Economics, University of Queensland, Australia
1993Retired from the Academy of Social Sciences in 17030_17062|, and co-founded the Beijing Unize Economic Research Institute with four other economists
Published "Economics in Life--Inspection of the American Market" and other books and more than 100 papers and research reports on economic theory, economic policy, energy environment, social ethics, etc.
Formerly a registered consultant of the Asian Development Bank, a Chinese expert of the Energy Working Group of the China Council for International Cooperation on Environment and Development, and a member of the International Advisory Group of the Energy Group of the Pacific Economic Cooperation Council,LEADMember of China National Council of International Training Programs,China Economic ReviewConsultant editor, vice chairman of China Energy Research Association.
