All Day

CCSE SEMINAR 11/5 - Nigel Waters - Some Time-Space Aspects of Dynamic Systems

Babbio 541-A

Center for Complex Systems and Enterprises
Distinguished Lecture Series

Some Time-Space Aspects of Dynamic Systems

Peter Atwater
Professor Emeritus of Geography, University of Calgary


Part 1: A System Dynamics Simulation Model of the Deregulated Alberta Electrical Market

Part 2: Using Social Media and Remote Sensing to Ameliorate the Impact of Natural Disasters

Part 1 will discuss briefly past studies of complexity in the social sciences with particular emphasis on those applications in geography where the ramifications of differences in behavior across space may be significant. Then a system dynamics model that has been extended to incorporate spatial variations in the deregulated market for electrical power in Alberta, Canada, will be described. This market exhibits many of the characteristics of those systems described in the previous discussion of complexity, including positive and negative feedback loops and counter-intuitive behavior. A spatially explicit, system dynamics approach allows for an understanding and remediation of undesirable aspects of the price responses of this system including the use of smart metering. It is hoped that such approaches are a way forward for research in other systems that resist traditional, reductionist forms of analysis.

Part 2 will describe the use of social media and volunteered geographic information (VGI) to provide early warning of natural disasters such as floods, earthquakes, tornados and hurricanes. A system developed for the US Department of Transportation by the Carbon Project and researchers at George Mason University to provide an estimate of the spatial extent of a natural disaster will be described. This system will be used to assist in the collection of remote sensing data by satellite, the Civil Air Patrol and UAVs. These data will then be fused with other authoritative and non-authoritative data (VGI) to determine the extent of the damage caused by the natural disaster. Finally, methods for communicating this information to first responders will be described.

BIO:  For his academic studies Dr. Waters received the Downing College Prize (Cambridge University), and the McIntosh prize from the University of Western Ontario. While teaching at the University of Calgary he was nominated twice for the Master and Superior Teaching Awards and was nominated twice for teaching awards at George Mason University. He has conducted, and published in peer-reviewed journals and book chapters, numerous studies in GIS, modeling, spatial analysis and transportation geography.

He is a former President of the Western Canadian Association of Geographers, and was an associate editor of GeoWorld where for 21 years he contributed the Edge Nodes column (1989-2014). At the University of Calgary he was the Founding Director of the Masters in GIS Program and of the Transportation Theme School and Transportation Studies Major. Prior to leaving the University of Calgary (where he is now Professor Emeritus of Geography) he was participating in two GEOIDE research projects, leading a SSHRC Project and was working with the Nobel Peace Prize winning Carter Center in Atlanta as the Technical Director of the Mapping the Media in the Americas Project. In June 2007 he was appointed Professor of Geography and Director of the Center of Excellence for Geographic Information Science at George Mason University in Fairfax, Virginia.

He was appointed the Henrietta Harvey Distinguished Lecturer for Fall 2010 at Memorial University, Newfoundland. He was a co-PI on an R21 NIH research project that used GIS and simulation techniques to investigate optimal solutions to the US liver transplant system. From December 2010 to January 2012 he was the Editor of the peer-reviewed journal, Cartographica, published by the University of Toronto Press. From August 2012 to August 2014 he was the PI on a research grant funded by the US Federal Department of Transportation on Using Social Networks and Commercial Remote Sensing to Assess Impacts of Natural Events on Transportation Infrastructure.

6:00 pm to 8:00 pm

Financial Services Analytics Information Event

Felice - La Soffitta, NYC

Financial Services Analytics Graduate Certificate Program
Networking Reception and Information Session

Date: Wednesday, November 5, 2014
Time: 6 - 8:00 p.m.
Venue: Felice - La Soffitta, 15 Gold Street, New York, NY

Join us for an exclusive networking reception with Stevens alumni, faculty, staff and Accenture leadership to learn more about the new Financial Services Analytics (FSA) graduate certificate program being offered in collaboration with Accenture.

Take an in-depth look at analytical competencies, including big data analytics and data visualization, skills that are driving the future of the financial services industry.

At this event, learn about the admissions and application process bringing you one step closer to earning a certificate that will give you an edge in today’s data driven culture and enable you to accelerate your financial services career.

Register for this event by Sunday, November 2.


5:00 pm to 6:15 pm

11/6 - FE SEM: Alan Hawkes - "Hawkes processes in Finance"

Babbio 122

Hawkes processes in Finance 

Prof. Alan Hawk

ABSTRACT:  Since about 2005, Hawkes Processes have been widely applied in the finance literature. In this talk I will give an introduction to the main properties of these processes; discuss a variety of examples of their application in finance; finally, give a brief outline of research currently being undertaken with colleagues in Swansea.

BIO:  After obtaining First Class Honors in Mathematics at King's College London, Alan moved up the road to UCL where he completed a PhD on queuing theory applied to road traffic (supervisor M.S. Bartlett), while also lecturing in the Statistics Department. He was then, for five years, Reader in Mathematical Statistics at Durham University before becoming Professor of Statistics at Swansea in 1974 — still there as Honorary Research Professor. He has served on the Council of the Royal Statistical Society and the International Committee of the Biometric Society.  In the early 1970s Alan published a series of five articles on self-exciting and mutually exciting point processes that later came to be known in the literature as Hawkes Processes. These were quickly taken up by people analyzing earthquake sequences. 

Meanwhile, Alan moved on to a variety of other things: mainly applied stochastic modeling such as systems reliability. His major work has been pioneering the development of stochastic models for the dynamics of ion channels in biological membranes, in conjunction with David Colquhoun FRS, Professor of Pharmacology at UCL.  These are essential links in the communication system carrying messages around the body, and are important sites of drug action. This work constitutes an important scientific achievement that is very highly cited. 

A few years ago Alan was surprised to discover that, since about 2000, Hawkes Processes started appearing all over the place to describe gang warfare in LA, burglaries, genetics, e-marketing, etc. as well as being a fruitful subject of further theoretical development by mathematicians. Since about 2005, the most active field of application has been in the finance literature.

In 2012, Dr. Maggie Chen persuaded Alan to rekindle his interest in Hawkes Processes, learn something about finance and make a contribution to the research of the finance group in Swansea. He is enjoying it.


5:00 pm to 6:15 pm

11/13 - FE SEM: Mezhgan Qabool - The Role of an International Derivatives Exchange: Futures & Options Products and Trading Technology



Mezhgan Qabool
Vice President of Sell-Side Business Development at Eurex Exchange

ABSTRACT:  In this seminar, Mezhgan Qabool will introduce the exchange-traded derivatives markets and discuss the role of an international exchange in terms of products and technology.  Mezhgan will begin with an overview of Eurex as one of the largest derivatives exchanges in the world. She will then give a comparison between the U.S. and European market models. Give your students the opportunity to: 

-Learn the similarities and differences in market models between the U.S. and European markets 

-Understand the international nature of the global financial markets 

-Gain insights into key terms used in the financial press and current issues such as financial reform, high-frequency trading, etc. 

-Learn about trading strategies implemented by market participants to help the risk reward dilemma 

BIO:  Mezhgan Qabool is Vice President of Sell-Side Business Development at Eurex Exchange, one of the world’s leading derivatives exchanges.  Prior to joining team in the US, she worked for the Eurex Exchange in Singapore, where she established the Exchange’s branch office.  Mezhgan was also involved in assessing market demand for new equity and equity index products. She also worked closely with local regulators to expand the Exchange’s offering in the greater Asia Pacific region.  She began her career in Singapore with the United Nations Women Singapore where she spearheaded projects that focused on the development and advancement of women and children in Southeast Asia.  Mezhgan is a subject matter expert in financial market regulation and holds a Bachelor of Law from Queen Mary University of London. 


9:00 am to 5:00 pm

13th Annual Conference on Systems Engineering Research

Stevens Institute of Technology

March 17-19, 2015
Hoboken, NJ, United States


The 13th Annual Conference on Systems Engineering Research (CSER 2015) invites authors to submit papers that push the boundaries of systems engineering research and respond to new challenges for systems architecting and engineering. Since its inception, CSER has become the primary conference for disseminating systems engineering research and germinating new research ideas.

Current and prospective doctoral students are also invited to attend the Systems Engineering & Architecting Network for Research (SEANET) workshop on March 17, 2015. Research challenges and strategies for success in graduate research will be discussed.


We invite original research papers addressing any aspect of systems engineering, to include:

  • Theoretical Foundations of Systems Engineering
  • Trade Space Exploration
  • Innovations in Systems Engineering Education
  • Resilience and Flexibility
  • Innovations in Modeling and Simulation
  • Systems Science
  • Trusted Systems
  • Complex Logistical Systems
  • Digital Thread

Papers are especially solicited for the following applications areas of systems engineering:

  • Transportation Systems
  • Healthcare Policy and Delivery
  • Financial Systems and Systemic Risk
  • Urban Systems and Infrastructure Resilience
  • Defense and Aerospace Systems
  • Sustainable Energy Policy and Systems
  • Non-Domain Specific Foundational Topics


All Day

Undergraduate Reading Day

Undergraduate Reading Day