▣ 제 목 : Black Monday ; What it was, How it happened.

▣ 연 사 : Dr., FSA, FGM 유진성 (Market risk manager, Transamerica, USA)

▣ 일 시 : 2008년 10월 9일 (금) 16:30~17:30

▣ 장 소 : 퇴계인문관 4층 31408호 강의실

▣ 대 상 : BK 21  성균관대 수학적 모델링 HRD 사업단 구성원 및 일반

▣ Abstract

Black Monday is the name given to Monday,October 19, 1987, when The Dow Jones Industrial Average dropped by 508 points to 1739 (22.6%), and consequently stock markets around the world crashed, shedding a huge value in a very short period. A degree of mystery is associated with the 1987 crash, and it has been labeled as a black swan event Important assumptions concerning human rationality, the efficient market hypothesis, and economic equilibrium were brought into question by the event. Debate as to the cause of the crash still continues many years after the event, with no firm conclusions reached. In this talk, one reasonable explanation is being sought. Current fiancial crisis throughout the world is also briefly discuseed from the perspective of risk management.