Scholar’s Advanced Technological System
Chapter 947: The most exciting game of the year (4/4)
The next day, the first lecture hall.
With a stack of twelve-page papers, Professor Krugman in formal wear took the stage.
Although this was originally something that should be done by Xiaoyan, it was because she had not been able to report her brother's research results to the economics community because she did not have the experience of reporting at a large conference.
In fact, it is indifferent to be the one who goes to the stage to complete these tasks.
Because she has already decided.
Looking around at the stage of calming down, Professor Krugman cleared his throat and said with a steady voice.
"I believe that many people here have already heard about the report meeting yesterday, and even they are on the scene."
"For the lu-bewley model Professor Joseph has done a very complete description, although there are some omissions and misunderstandings, at the end of the report, it also supplements those areas where there are omissions."
"And about the lu-bewley model, I don't have much more to say. In fact, the original standing here today should not be me, but Professor Lu who really did the work."
When I heard the last sentence, the voice of whispering sounded.
"What does Professor Krugman mean?"
"What did Professor Lu do again?"
"If I remember correctly, the theme of this report should be to discuss the application of the lu-bewley model in macroeconomics."
"It seems that Professor Krugman made a temporary change and gave up the paper he originally intended to publish... Is he planning to publish any new results for Professor Lu?"
Looking at the lecture hall where the turmoil was re-opened, Professor Krugman personally kissed the blind and told the audience to stop talking.
After returning to the lecture hall to return to silence again, he continued to speak with a clear voice.
“Just yesterday afternoon, Professor Lu revised his research results and left us with a better model than the lu-bewley model.”
"Someone may suspect that something can be made in an afternoon. In fact, just over a dozen hours ago, I was also skeptical..."
"Until I will actually read this paper."
After Professor Krugman said this, many people in the lecture hall had an incredible expression on their faces.
Except those who were in this lecture hall yesterday...
Speaking of this, Professor Krugman paused for a moment, and his eyes stayed on the face of Professor Joseph in the front row for a few seconds, then looked at the audience and continued.
"Please don't worry, I will show you the lu-bewley model after this improvement."
"Please also please, listen carefully."
......
Back to the audience, Professor Krugman used the marker in his hand to read the book on the whiteboard line by line, and based on his own understanding of the lu-bewley model and his understanding of the paper. With a detailed descriptive language.
Although the formula displayed on the whiteboard at this moment is just the tip of the iceberg of this model, many scholars who are good at using mathematical tools here have clearly felt the improved lu-bewley model. The model has further superior performance before.
This is both an academic intuition.
It is also the experience accumulated in the macroeconomic research institute for a long time.
Especially Professor Joseph.
Listening and watching seriously under the stage, at this moment, his face is both shocking and relieved.
Now he is finally convinced that the person is really not joking.
I can study these things in an afternoon. This guy’s mathematical accomplishments have stood at the top of all his scholars...
And not just an understanding of mathematics itself.
This ability to use mathematics as a tool, cleverly applied to completely different fields, to solve practical problems is really terrible!
I am afraid that even the late math genius John Nash can't do better than him...
"Mathematics changes science..." Professor Joseph, who muttered to himself and stared at the calculations on the whiteboard, suddenly shook his head with a smile. "...no wonder he can boast such a seaport."
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"Oh, with his ability, it is modest."
This is not just about changing science.
It is simply redefining science!
At least, redefining his understanding of mathematical economics in his mind...
At the same time, Professor Krugman, who stood on the podium, also stopped the marker in his hand.
After re-examining the papers in his eyes, comparing the contents on the whiteboard and confirming that there were no omissions or clerical errors, he turned around and looked at the audience in the lecture hall.
"Do you have any other questions?"
There was silence in the audience, no one spoke, and no one raised his hand.
After seeing the silent stage, Professor Krugman was convinced that he had already made it very clear. He thought that it should not be understood by anyone, so he nodded.
"That's good to be here..."
Just as he was about to lay down the marker, the audience suddenly raised a hand with a tremor.
"Wait!"
Just as everyone was looking at the past, the young scholar who stood up was a little embarrassed and scratched his cheek, and spoke quickly.
"I don't have a question to ask, just about this model... How do we name it? Is it necessary to distinguish it from the original lu-bewley model?"
This question is asking the idea.
There was a lot of talk in the lecture hall, and it seemed that the issue was being discussed.
Professor Krugman, who heard this question, also stunned a little.
It seems that in this paper, this model is not named...
Just like the original paper on the lu-bewley model, the name lu-bewley model is the default for other scholars to discuss this issue.
It seems that Professor Lu, it seems that there is not much enthusiasm for the title of research in the field of economics.
Thinking of this, Professor Krugman shook his head with a helpless smile. After thinking about it for a while, he cleared his throat and tried to propose.
"Do you want to add a joseph to it? After all, Professor Lu himself has admitted that he was inspired by Professor Joseph's report -"
Just halfway through this sentence, I was interrupted by the voice that could not be said.
"I don't deserve it."
In the strange sight of everyone, Professor Joseph, who was sitting in the front row of the lecture hall, suddenly stood up and interrupted Professor Krugman unceremoniously. He paused for a while and continued, "And I don't want to be a mistake." The counterexample' was later counted by people to contribute to this model."
"...oh, I don't mean that." See Professor Joseph's expressionless face. Professor Krugman, who did not want to offend people, quickly explained, "This is just for distinction, not as a counterexample."
Did not pay attention to Krugman's explanation, the white-haired old man stared at the calculation on the whiteboard for a while, and also silenced for a while.
After that, he spoke up.
“As we have seen, the improved lu-bewley model has moved away from the original framework of the original bewley model.”
“This is an economic model that is more open, more operational, and has a wider range of applications.”
“So I propose to name it in a completely new way...that is the l-z model.”
The report site spread the sound of the commotion.
The scholars who sat in the conference and supported the viewpoints nodded and expressed their approval.
Although some people are expressionless, this name is not okay, but in the eyes it is because of this sentence and floated a bit of deep thought, it seems to be seriously thinking about something.
Sitting under the stage and looking at the back of the former cheering, Professor Andis looked up and nodded.
"It’s Joseph Stiglitz, it seems that yesterday’s thing touched him a lot... although I am not qualified to evaluate him, but I must have passed this conference, and his achievements in economics can be Let's go up the stairs."
Sitting next to Professor Andis, Wisl has been listening to the big man who said "the thing of yesterday", the whole person is confused.
In the end, he still couldn’t stand the curiosity in his heart and asked.
"Prof. Andis, may I ask... What happened yesterday?"
"Did you not here yesterday?" Suddenly remembered something, Professor Andis showed a blank expression. "Oh, I seem to think about it. Yesterday you seem to be in the lecture hall."
Wiss swallowed and asked: "So what happened?"
"Nothing, just a pity, you probably missed the most exciting report of this macroeconomics forum."
Speaking of this, watching the confession of the doctoral student's face gradually emerged, Professor Andis smiled reluctantly, paused for a while and added another sentence.
"Of course, it may be the most exciting one of this year."
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