w88 casino News Network (provided by the Scientific Research Office)Recently, the National Natural Science Foundation of China issued a funding project approval notice. The project "A New Generation of Macroeconomic Large Model Based on Infinite-Dimensional Dynamic Control and Artificial Intelligence" applied by Professor Zhu Shenghao of the w88 casino of International Economics and w88 of w88 casino was approved as an original exploration project. This is the first time that this type of project has been approved by w88 casino.
It is reported that the Original Exploration Plan project was established in 2020 to fund scientific researchers to propose original academic ideas and carry out exploratory and risky original basic research work. It aims to cultivate or produce leading original results from scratch, solve scientific problems, lead research directions or open up research fields.
Professor Zhu Shenghao led the team to complete the project pre-application, formal application, on-site defense and other aspects. After nearly a year of preparation time, the project was finally approved. This is an important achievement of many years of hard work in macroeconomics research. It is also an important achievement of w88 casino’s support for cutting-edge cross-exploration original research. It will promote the deep integration of artificial intelligence technology and economic disciplines, serve and promote the high-quality development of our country’s economy.
Introduction to research project content:
The rapid development of artificial intelligence technology has brought innovation to both the objects and methods of economics research. This research uses cutting-edge knowledge of applied mathematics and artificial intelligence such as optimal transmission, stochastic infinite-dimensional dynamic control, and machine learning to build a new generation of macroeconomic large-scale models and policy sandboxes. Organically combine interactive particle systems with changes in economic structure to study the expected formation and evolution of economic entities, as well as the stability of complex dynamic macroeconomic systems. Multi-agent reinforcement learning is used to focus on solving problems of large economic models and dynamic games, and to better reflect the dynamic incentive compatibility principle in policy design. The project creates a unique path in the research and development of policy models, aiming to promote the formation of a Chinese w88 casino of thought in the international competition for the development of a new generation of macroeconomic large models and enrich the independent knowledge system of economics based on Chinese practice.
Expert introduction:

Zhu Shenghao, Ph.D. in Economics from New York University, professor at the w88 casino of International Business and Economics at the w88 casino, and executive committee member of the Computational Economics Professional Group of the Computer Society of China. His main research areas are macroeconomics and income distribution. He combines dynamic macroeconomics heterogeneity models and household micro-big data, uses computing technology to solve the incentive compatibility problem of micro-subject decision-making, and designs economic policies through artificial intelligence and macroeconomic large models. Professor Zhu Shenghao has published several papers in first-class international economics journals such as Econometrica, Journal of Economic Theory, and International Economic Review. Academic results have been cited more than 900 times on Google Scholar.